This is Cushman's conclusion. & Wakefield, Hotel Investor Beat in its latest publication. The ranking places the Portuguese capital in 9th place among the preferred cities to invest in the hotel market, in frente from Dublin, Vienna or Prague.
The investor preference table is led by Barcelona, followed by london, Paris, Amsterdam and Munich.
– Portugal and the Iberian Peninsula emerge with positive prominence, thus enshrining the tourist nature of these destinations, and confidence in tourism recovery in the short term, underlines Gonçalo Garcia, director de Hospitality da Cushman & Wakefield, to highlight that Portugal benefits from a good organization of the tourist offer and the visibility achieved in the recent past, limiting interest only to the scale of the country and consequently to the opportunities generated and the respective pace of growth potential.
Already by countries, it is the United Kingdom and Ireland that stand out to invest in the hotel sector, followed by Germany, Iberian Peninsula, France and Benelux.
A Cushman & Wakefield also reports that despite the crisis in the tourism and travel sector, caused by Covid-19, apenas 21% of investors admits to reduce investment in hotels and only 10% put their plans on hold.
Tourist resorts appear as the most attractive type of asset, com 70% investors to find them more interesting now than before the pandemic.
The ‘serviced apartments’ have also become more attractive, com 60% of respondents to emphasize resilience, high yield and adaptability to change to medium-long term leases of this type of asset.
On the opposite side of the table are the business hotels and accommodation located near airports, which have been losing interest from investors, by the sudden change in work patterns and the resistance to organizing large events in the near future, according to data from the international real estate consultant.
For the study, more than 50 major investors active in the European hotel investment market, which in total were responsible for the investment of 26 billion euros in the last five years, acquiring 664 hotéis (127.642 quartos), which represents approximately a quarter of the total volume of transactions in the sector..