Lisbon also stands out in this report for being one of the European cities with the lowest average prove of land, with a score of 77. Only Bucarest and Budapest have lower prices, making the city very competitive in this respect.
The list is headed by Paris, London, Barcelona, Amsterdam and Madrid, making up the top five. Milan, Warsaw, Budapest, Manchester, Istanbul, Stockholm, Brussels and up the remaining top twenty.
The cities on the list are evaluated by taking 12 factors into account, including population, GDP per capita, employed population, unemployment, tourists, room occupation rate, average price per sold room, RevPar, average cost of land, average construction costs, exit yields, and the market volume of local investment.
Sabadell Bank put its Hotel subsidiary HI Partners for sale, two months after announcing its intentions to debut the Hotel Fund in the stock market.
Excem just launched its second Socimi, Tourism Investment Company (Situr), dedicated to hostels and tourist apartments market. It had already acquired its first asset in Madrid for €22 mill...
Aina Hospitality purchases 50% of Gran Hotel Velázquez from Didra Group.