CBRE – Global Hotel Capital Flow, 2025

The report focuses on the analysis of global capital flows in the hotel sector in 2024 and forecasts for 2025.

In America, EMEA became the dominant source of cross-border capital, despite a decline in investor activity from the Asia-Pacific region. In EMEA, a significant share of investments came from foreign capital, especially from the US, with a main focus on the UK, Italy, Portugal, and Greece. In the Asia-Pacific region, investments reached 90% of the 2019 level, with an emphasis on Japan and other countries in the region. Investment activity in 2025 is expected to be supported by stabilized interest rates and growing demand.