BNP Paribas Real Estate Investment Management [Europe]

2018 Real Estate Top 100 ranking: 40http://www.realestate.bnpparibas.com

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Direct investment in hotels in Spain grows by 18% in 2016 to 996 million

• Direct investment. Direct investment in the hotel sector in Spain grew by 18% up to July 2016, reaching 996 million. This compares with 840 million for the same period the previous year, according to the Spanish Hotel Sector Report of BNP Paribas Real Estate. • 2017 Forecast. The situation of ample liquidity in capital markets is driving investment in the hotel sector, foreseeably enabling the threshold of 1 billion Euro to be crossed in 2017.

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