Apartment hotels have a market share of around 3 per cent in Germany. Property market professionals predict that this will rise to around 10 per cent by 2030. Institutional hotel investors have already discovered the appeal of extended stay concepts.
The Pullman Berlin Schweizerhof Hotel has belonged to Union Investment’s portfolio since 1999. A refurbishment worth millions highlights the hotel’s unique character and emphasises creative accents
Ten percent of the market volume was traded in Germany in 2016
Hotel properties, still marginal products not that long ago, are increasingly the focus of international investors
Creative hotel operators offer a surprising array of new, trendy hotels
Union Investment and bulwiengesa establish size of investable hotel market