The CBRE Hotels European Investor Intentions Survey based on answers from 485 respondents, all real estate investors with a particular interest in hotels, has been released.
The results are reflective of the intentions of the hotel investment community based on the anticipated impact of events including Britain’s EU exit and general election, elections in the Netherlands, France and Germany, and Donald Trump’s US presidency.
90% of survey respondents responsible for deploying capital aim to invest the same or more into hotel real estate in 2017. The survey also asked investors to indicate the amount their organisation hoped to spend in 2017, with 32% stating €10m – €50m, 28% at €100m – €500m (28%) and 24% at €50m – €100m (24%). Only 5% claimed that they intend to spend in excess of €500m.2017