Hotel investment breaks records with Barcelona at the forefront

Funds are struggling to get into the city as ever and are paying higher prices than those set in 2019.

In the aftermath of the pandemic, some chains have divested themselves of emblematic buildings in Barcelona in order to gain liquidity, which has given international tourism funds the opportunity to acquire hotels that would not have been put up for sale if it were not for the pandemic.

Hotel investment has soared throughout Spain in 2021, with 2,602 million euros in hotel investment in Spain up to October, 681 million (26.2%) corresponding to Catalonia and 654 million (25.1% of the total) to Barcelona in tourism assets.

The market is confident in Barcelona’s recovery as a tourist destination, and experts predict a prosperous future for the sector.