We are delighted to present our latest report on the Central & Eastern Europe (CEE) hotel market that examines market trends in major capitals across the region.
Hotels located in CEE’s capital cities have had an incredibly successful 2016 with cumulative RevPAR growth in excess of 10%, outperforming many other capitals in neighbouring regions of Europe. Tourism is booming and underpinned by strong economic indicators, the region’s hoteliers foresee this positive trend to continue.
Hotel investors are taking note and increasingly looking to unlock value in CEE capitals. The prospect of hotel assets with higher yields, increasing tourism demand and significant economic growth are proving to be highly attractive for a wide range of international
investors and early adaptors are positioned to benefit from an upswing in these relatively immature investment markets.
This review gives you insight into the fundamentals and trends of key cities in the region including Belgrade, Bratislava, Bucharest, Budapest, Prague and Warsaw.
Source : Christie & Co