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Three-figure deals boost the Paris hotel market

Pullman Paris Tour Eiffel © CoStar<br>
Pullman Paris Tour Eiffel © CoStar
Business Immo
May 28, 2024 | 3:47 P.M.

Translated from French.

Since the start of 2024, the Paris hotel market has been boosted by four transactions worth over €100, €200 and even €300 million. These transactions, along with others, have enabled the hotel investment market to record the second highest volumes in France for the first time, just behind offices, according to a recent report by CBRE, which tallied nearly €730 million invested in Q1 2024 Other brokers suggest that around €1 billion has already been transacted since the start of the year.

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