Record €23.7 billion spent on hotels in Europe in 2015 as transactions reach highest level ever

European hotel transaction volume totalled €23.7 billion in 2015, a record level and an increase of 66% on the previous year, according to our annual European Hotel Transactions report. The year outperformed pre-downturn levels driven by an extremely active portfolio transactions market. Investors from Europe accounted for €10.9 billion worth…