Market at a glance
The German hotel investment market got off to a quiet start in 2022 following a strong end-of-year rally in 2021. Hotel assets changed hands for just under €450m, which is slightly less that Q1 2021's transaction volume of €493m. Hotel assets were unable to keep pace with the extremely strong momentum seen on the overall commercial investment market, which started off the year at an all-time high. The share claimed by the asset class in total commercial transaction volume fell to around 2% as a result. As expected, Q1 2022 proved quieter than the final quarter of 2021, which was characterized by lively activity.
