Categories: In brief

New hotel investment record in Spain, second destination in Europe

The Diplomat

 

Hotel investment in Spain reached 4,810 million euros in 2018, 23% more than a year earlier, which was 3,907 million. It is the best record in history, according to the market study prepared by the Colliers consultancy, presented yesterday in Madrid. Spain was the second destination of investments in Europe, after the United Kingdom.

 

According to the heads of this consultancy, the political tension in Catalonia is one of the reasons behind investment in Barcelona has gone from 522 to 244 million euros, while Madrid rose from 349 to 601 million euros.

 

 

Luis Ayllon

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Luis Ayllon

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