2022 Madrid hotel investments exceed €601m, driven by Latin American tourism and a thriving restaurant scene, making it the 2nd most attractive city for hotel investment in Europe, behind London.

Rich Latin Americans and tourists drive hotel investments in Madrid, which ranks as the second most attractive city in Europe for hotel investments after London, according to CBRE's 2024 European Hotel Investor Intentions Survey. Madrid received €601m in hotel investments last year, likely to exceed this year. This surge in investments is due to a boom in tourism, a vibrant restaurant scene, and an influx of wealthy Latin Americans.

June 23, 2024
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