Investment in UK hotels on the rise

The UK hotel sector claimed a 37 per cent share of the total hotel investment volumes for Europe, Middle East and Africa last year thanks to large portfolio acquisitions and refinancings by banks. According to research by Jones Lang LaSalle published yesterday, a continued sell-down of over leveraged assets by lenders and disposals by private equity funds will bolster hotel investment volumes by 20 per cent in 2014. A growing economy will also help, the report says.