During the first six months of the year, UK regional hotel portfolios proved particularly attractive to North American private equity and investment funds, with transactions topping €1.1bn, according to JLL. Lonestar Funds has been the most active investor in the UK, spending around €1.7bn on more than 13,000 rooms in London and regional locations since the start of the year.
“It is of little surprise to those in the market that private equity and investment funds are continuing to target European hotels. This is a market where yield and visitor base is consistently strong, and we are now seeing this type of investor further gather in confidence and start to look beyond the major city hubs and invest in periphery markets and in regional centres.” Said Christoph Härle, CEO of EMEA JLL Hotels & Hospitality.
