German Bank Survey: There is Money for Hotel Lending!
By Luisa Pott and Arlett Oehmichen
Hotel financing has seen a major shift since the credit crunch and subsequent economic recession in 2008. Whereas bank lending was widely available and not a particularly hot topic for discussion, it has since been the focal point of almost every hotel investment conference in Europe and further afield. Despite these constraints shackling hotel transaction activity, Germany is experiencing increased interest from the international hotel...
HVS London conducted a comprehensive confidential survey with the ten major German banks (including private banks, Landesbanken and Sparkassen) that are active in hotel lending. The survey assesses the investment activities and sentiment in German hotel lending. Presented in this article are the results and trends.
About HVS
HVS, the world's leading consulting and services organization focused on the hotel, mixed-use, shared ownership, gaming, and leisure industries, was established in 1980. The company performs 4,500+ assignments each year for hotel and real estate owners, operators, investors, banks and developers worldwide. HVS principals are regarded as the leading experts in their respective regions of the globe. Through a network of some 60 offices and more than 300 professionals, HVS provides an unparalleled range of complementary services for the hospitality industry. hvs.com.