In 2015, European hotel investment, totalling approximately € 23.1 billion, exceeded its all-time high reached in 2006 by around +14.0%,Statistics show that total investment increased by almost +50.0% from 2014 to 2015 boosted by a significant volume of portfolio sales and the acquisition of Louvre Hotels Group by Jin Jiang International Hotels. The UK remains the number one market representing 35.5% of total European hotel investment, recording many high profile transactions, both in London and across the regions. Since 2014, Germany has been able to bypass the French investment market notably due to the strength and diversity of its secondary markets. The country recorded an exceptional volume of € 4.4 billion in 2015. France, ranking third with € 3.6 billion, is still one of the key international destinations for hotel investment. With a +95.0% growth recorded between 2014 and 2015, Spain achieved the strongest rise in hotel investment.