According to new research from Knight Frank, this year has seen a “more settled” investment market for UK hotels.
This follows a subdued level of investment in 2022, with only £3bn of UK hotel transactions, 31% below the five-year average and 22% below the previous year’s investment levels.
According to Knight Frank, the last 12 months saw lower levels of sizable assets transacting but an increase in the volume of transactions of lower valued stock, with some 76% of single asset hotels transacting below £10m, at an average lot size of £4.3m.
