Hotel real estate investment reaches record 469 million

October 31, 2019 Economia ao Minuto Economia ao Minuto Jornal de Negócios
October 31, 2019
Economia ao Minuto
Economia ao Minuto
Jornal de Negócios

"Real estate investment in hotel assets in Portugal reached a record volume of 469 million euros in the first half of 2019, an unprecedented level in the domestic market, with a maximum annual peak of 275 million euros in 2008. For the first time, the national market matches the dynamics registered in Spain, which in the same semester accounted for 461 million euros, "said the consultant.

The 'Hotel Investment in the Iberian Peninsula: Expansion & Evolution - What's Next' study also revealed that the national market has been going through a 'particularly strong' moment since 2018.

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