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Germany: Hotel Investment H1 2021

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Market at a glance

Hotel properties changed hands for roughly €1bn in the first half of 2021. Although these results came in 22% below the 10-year average, the past three months were the strongest we have seen in a year. Although it is still too early to talk about things going back to normal, there are signs of recovery. Activity on the hotel market, however, is resuming at a slower pace than that seen on the overall commercial property market. Transaction activity is particularly being hampered as banks remain hesitant towards financing commitments.

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Germany: Hotel Investment H1 2021

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Philipp Allroggen

Consultant

Duesseldorf

Philipp graduated with a master's degree in economics in 2019. After gaining experiance in the consultancy sector (internships at PwC and HORBACH) and working as a graduate research assistant at the Chair of Quantitative Economic Policy and the ad personam Jean Monnet Chair of Macroeconomics at University of Duisburg-Essen, he joined Colliers International Germany in September 2020.

He is monitoring, analyzing and conducting research and analysis in real estate markets, macroeconomic environment, future trends and other real etstae related topics, as well as writing market reports and supporting local researchers and brokers.

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