Hotel transactions to remain high in 2018

Martha Elwell Martha Elwell Uploaded 03 January 2018

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UK: Colliers International predicts that hotels will continue to be an attractive investment prospect in 2018

Global real estate business Colliers International has forecasted that hotels will continue to be an "attractive and popular" investment opportunity in the new year.

A weaker sterling is expected to attract international buyers to UK hotels during 2018, with predictions of a steady year for hotel transactions.

Julian Troup, head of UK hotels agency at Colliers International, said: "Brexit concerns has done little, so far, to negatively affect the flow of hotel transactional activity throughout the UK. There continues to be considerable demand from both domestic and overseas buyers, as hotels continue to be an attractive and popular investment opportunity… [There is interest from] "international investors, who are attracted by weaker sterling; private purchasers, enticed by the benefits of a lifestyle opportunity; and corporate investors who are on the lookout for favourable returns and real estate alternatives".

He predicted no considerable change to the level of UK hotel transactions during the next year, so long as "Brexit negotiations do not impact negatively on consumer confidence, and consequently the UK economy".

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