Spain hotel investment reaches 3.6 billion euros

Hotel investment in Spain reached 3.6 billion euros by the end of the third quarter, marking a 35% increase compared to the previous year. According to Cushman & Wakefield, Spain has become the second most attractive market for hotel investors in Europe. This growth is driven by high occupancy rates, rising revenues, and increasing interest from real estate capital in hospitality assets.

Luxury hotels accounted for 44% of the total investment volume. While investment is spread across both urban and vacation destinations, the Canary Islands and the Balearic Islands remain prominent. Madrid leads Europe in attractiveness for hotel investors, followed by Barcelona in fifth place.

In the Balearic Islands specifically, investment reached 635 million euros in the first half of the year, a figure that more than triples the amount from the same period last year and represents the highest value in five years. This regional activity accounted for 25% of all hotel investment recorded in Spain during that period. Within the islands, five-star and grand luxury hotels represented 28% of the total volume.