Irish hotel investment transactions soar above pre-Covid levels

The Irish hotel expense sector ongoing its strong recovery from Covid in the to start with quarter of 2022, with a new report revealing transaction exercise in the very first 3 months of the yr was up on pre-pandemic stages.

ccording to industrial real estate firm Cushman & Wakefield’s most recent hospitality Marketbeat report for Eire, transaction action hit €73.1m in the first quarter of 2022. This exercise level represented a “significant improvement” on the €9.8m recorded in the initial quarter of last year but also showed an maximize on the level recorded prior to the pandemic, when transactions were just shy of €60m in the 1st quarter of 2020.