UK hotel investment hits £3.2bn in H1
By Theo OsbornInvestment in UK hotels reached £3.2bn in the first half of the year, a 28% year-on-year increase on H1 2017, according to research by Savills
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London was the hotspot for hotel investment, with 38% of all deals (£1.23bn) invested across 11 transactions in the city.
Israeli and Canadian investors were the most active in the market, with overseas buyers accounting for 51% (£1.6bn) of all transactions.
Martin Rogers, head of UK hotel transactions at Savills, said: “This year has got off to a strong start, driven by several high-profile portfolio transactions.
“The UK hotel market remains attractive to both domestic and overseas investors, providing something for everyone due to the range on offer, from single regional hotels to trophy assets in London.
“Looking ahead, we expect the market to remain active and predict the total for 2018 investment to reach around £5.4bn.”
Keywords: UK Hotel investment, UK hotels, London hotel investment, London hotels, hotel investment, Savills, Savills research, Israeli investors, Canadian investment, Martin Rogers, Property investment, hotel chains