Catella Spain has published today the new Hotel Report 2021.
Existing liquidity of the market, together with the optimism generated by the progress of the vaccination campaigns, has placed the hotel sector in the spotlight for both national and international investors. It has also led to an acceleration in closing transactions and resulted in one of the highest investment volumes for July on record, reaching, in just a single month, close to the total investment volume recorded for 2020. Covid-19 will lead to a structural shift in the hotel industry and puts equity-strong buyers in a top position. We expect an increase in takeovers of operating companies in the coming months and a selection towards ecological, sustainable and digitally oriented hotels.