Compared to previous years, in the first half of 2017 noticed growth of transactions on the hotel market. Hotel market transactions estimated at around EUR 333 million which was 25% of all transactions in the first half of 2017.
In the hotel market since 2011 there was a gradual decline in transaction volumes. In 2015, the volume of transactions on this market increased by almost 3 times compared to that of 2014, but still in the total numbers, the activity of investors was only 5%. The year 2016 was characterized by a return to the level of 2014 and even slightly lower. In 2016 there were no transactions that would influence on the total volume of transactions on the investment market. The first quarter of 2017 was characterized by high growth in the hotel market. Transactions in the first half of the year were up nearly 47% from the record total value of transactions in 2015.