Finance

Hotel investment plunges in 2020 as Covid-19 bites

By 2021-01-11T10:40:00

The Ritz

Source: The Ritz

Investment in the UK hotels market plunged to ten-year lows last year, as the Covid-19 pandemic hit deals.

According to Savills, UK hotel transaction volumes reached £2.3bn last year, 55% down on both 2019 volumes and the ten-year average.

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