According new data from JLL, 2015 was a record year for investment in the hotel sector. Spain has established itself as the third most sought after target for hotel investors, behind the UK and Germany. Last year, 143 hotels were sold in Spain worth €2.6bn, an increase of 65.6 percent compared to the country’s previous record volume set in 2006. The most popular location chosen by investors was the Canary Islands, which accounted for 29.6 percent of total investment from the sale of 31 hotels. The second most popular destination was Madrid, where 23.5 percent of the final volume was transacted.
