Market Report 2022

Hotel - Colliers Market Report 2022

106

Renewed investor appetite – driving down yields accordingly

0% 1% 2% 3% 4% 5% 6% 7% 8%

12

13

14

15

16

17

18

19

20

21

22

Prime

Secondary

Note: Net initial yields, Copenhagen hotels let on long leases (15+ years). Source: Colliers

Key investment transactions

Hotel

Location

Seller

Sq m

Buyer

Price 1

Yield

Sankt Petri

Copenhagen K

Private investor

Starwood Capital

21,000

1,100

na

Comfort Hotel

Copenhagen V

Private investor

Starwood Capital

20,500

600

na

Dansk Ejendoms Management

Herman K

Ogilvy Capital

1,500

io

na

Copenhagen K

Note : 1 Prices quoted in DKK million (rounded figures). Source: Colliers

Photo: Grand Hotel Odense

Photo: Grand Hotel Odense