Prometheus Wealth Management on LinkedIn: Reflecting on the Successful Sale of Hotel Veneto Palace. Looking back on… (2025)

C&W MARKET BEAT 2023 – HOTEL INVESTMENT IN EUROPEA strong final quarter saw European hotel transactions reach nearly €17 billion last year, according to new data from .During the year, 787 properties were sold, comprising 106,000 rooms worth EUR 16.9 billion. This remains significantly below 2019 levels but is only 4% short of the 2022 total. In the last quarter, volumes reached €5.4 billion, a 13% increase relative to Q4 2022 (€4.8 billion).Several major individual deals drove these volumes, including the sale of the Westin Paris Vendome, the Center Parcs Allgäu in Germany, the Six Senses Hotel Rome, the Mandarin Oriental and Hotel Sofia in Barcelona, and Haymarket House in London (office to hotel conversion).To learn more, download our Market Beat Europe 2023 here:https://lnkd.in/dG64rF3dFor further information and support with your hotel real estate in Europe, contact our experts Jonathan Hubbard,Le Fichoux Frederic,Ed Fitch,Katell Bourgeois,Bruno Hallé Boix,Albert Grau - MRICS,Gonçalo Garcia,Alessandro Belli, David Nath MRICS, Josef Filser, Borivoj Vokrinekor contact us atHospitalityEMEA@CushWake.com#CWHospitality#HotelInvestment#HotelRealEstate#EuropeHotels

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Did you know that there is a luxury hotel in one of the buildings in La Plaza Mayor of Madrid? Completed in 1619, it initially served as the Casa de la Carnicería (House of the Butchery), regulating the city's meat supply. Over time, it underwent several renovations, eventually transforming into a luxury hotel that is one of our favorites in the city.The hotel retains its Baroque façade and blends historical charm with modern amenities, offering guests a unique experience in one of Madrid's most iconic locations.Did you guess which hotel we are talking about? Write us in the comments!#Madrid #PlazaMayor #LuxuryHotel #Travel #HistoricalBuildings #HotelLife #TravelExperience

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Takeaways from the STR nation conference in San Diego - The emergence of Boutique Hotels! With many STR investors not making the same return on their rental properties they were in previous years, some are looking at new asset classes and are turning to boutique hotels. Looking to get into the boutique hotel space early before the masses? We have on and off-market deals available! Reach out or DM for more info 📩#fyp #boutiquehotel #palmsprings #realestate

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This is an excellent property. ST Clair developed it originally as a hotel and I got to tour the property with him . It didn’t get to open as a hotel, yet under Marriott and Las Brisas it should be a success. It’s a great location just two minutes walk to the isla verde beach. It’s close to hotels 🏨 and restaurants . They will probably need more parking but There’s alternatives close by. 🟡There are other hotels 🏨 for sale and buildings that are prime for conversion to hotels, apartments or short term rentals. There are local tax credits of 30-40% of the investment that it could qualify for. If you’re interested in investing in such properties DM me for information.#investinginrealestate #hotelinvestment #shorttermrentals #puertoricorealestate

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Great panel. Outstanding and useful market ideas. The market for #BrandedResidences with-hotel-services or with non-hotel-services (such as the disruptive #Antares Tower in #Barcelona) has awakened, and the perception is we will see it grow in the near future. It is noticeable that Branded Residences are New Homes Class; #LuxuryRealEstate Developments that want to distinguish themselves are no longer only thinking about the unique #location, the desired #design, the wonderful #amenities or associating with a #brand, but to add value to their projects, armored #Security and outstanding #Concierge #Lifestyle service are two must-haves for these high-end buyers who know that the codes of a #luxurylifestyle social class require much more than paying first league figures for sq, and amounts for deserving monthly community fees. It's aspirational and it's here and global. We certainly see Savills Branded Residences leading and pushing great projects for our cities - and putting Spain on the map. It's not for nothing that our country is frequently distinguished by a great lifestyle that appeals. So, we as Lifestyle Concierges work minute by minute to keep internationals and itinerant citizens coming, coming back and staying.

Panama City, Panama should be a interesting case study of what happens when new supply is allowed to enter a market unchecked. Hotels went from years of 80%+ occupancy and ADRs that approached $200 back in 2008. It has now been over a decade of occupancy in the 50s and ADRs in the low $100 range (even for branded luxury properties). How did this happen? No market/feasibility studies by development groups, a hope that if you build it they will come, and a desire to park money in hard assets. Are there any markets like this in the US? Not quite exactly. I can only think of one that has significantly increased its hotel supply over the years in a similar way, but unlike Panama City, Panama it keeps plugging along! (Nashville). #hvs #hvsamericas #latam #hotels #development #realestate #panamacity #panama

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Story of success

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C&W MARKET BEAT 2023 – HOTEL INVESTMENT IN GREATER PARISIn 2023, the hotel transaction volume in Greater Paris reached €1.7 Bn, marking a 27% rise from 2022. The significant increase was primarily driven by The Westin Paris transaction (40% of the total volume), with a price per key exceeding €1.5 million.Hotels recorded outstanding performances in 2023, with a RevPAR of 178€ in inner Paris (+35.7% vs 2019) and 61€ in Greater Paris (+7.5% vs 2019). This was mainly driven by a strong ADR (226€ for inner Paris and 89€ for Greater Paris) while occupancy rates reached 78.9% in inner Paris and 68.5% in Greater Paris, representing a decrease of -1.1 and -5.6 percentage points compared to 2019.Looking ahead, 2024 holds promise with the anticipation of regaining pre-COVID levels of visitors, notably due to the summer period and the hosting of the Olympic Games.For further information and support with your hotel real estate in France, contact our team of experts led by Katell Bourgeois, or contact us at HospitalityEMEA@cushwake.comTo learn more, download our Market Beat Greater Paris 2023 here: https://lnkd.in/e5iAUbrm and subscribe now to receive tailored updates and expert analysis directly to your inbox: https://lnkd.in/ebPWfeEJ #CWHospitality #HotelInvestment #HotelRealEstate #ParisiansHotels

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’s latest #Hospitality Insights highlights a strong final quarter for European #hotel transactions, reaching nearly €17 billion last year Summary💰787 properties were sold totalling EUR €16.9 billion in value. 📊This remains significantly below 2019 levels but is only 4% short of the 2022 total. 📈In the last quarter, volumes reached €5.4 billion, a 13% increase relative to Q4 2022.
🏩 Several major individual deals drove these volumes, including the sale of the Six Senses Hotels Resorts Spas Rome, in Spain - the Mandarin Oriental Hotel Group Barcelona and also Hotel Sofia, and Haymarket House in London (office to hotel conversion).
🌍 Spain, France, and the #UK were the most active markets, accounting for 59% of European volumes in 2023 with a total of €10 billion (+7% vs 2022).Read in full: https://lnkd.in/eB7xucKX

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Final Quarter Boosts European Hotel Deal VolumesMore than €16.9 Bn worth of hotels transacted in 2023, with 787 properties and nearly 106K rooms. While this remains 44% below 2019 levels, it stands only 4% short of 2022. IN Q4 2023, the transaction volumes increased by 13% relative to Q4 2022, reaching €5.4 Bn.Portfolio deals represented 1/3 of 2023 volume (more than half of Q4 2023 volume), and included the sale of Blackstone’s 35% stakes in HIP, Equity Inmuebles and A&O Portfolios.Stay tuned for our Market Beat Europe report available soon🌟For more insights or support with your hotel real estate across Europe contact us atHospitalityEMEA@cushwake.com#CWHospitality #HotelInvestment #HotelRealEstate #EuropeHotels

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