Hotel transaction volumes in Scotland totalled circa £149m across 24 key deals during 2022.
Property services firm Savills reported that this level of activity marks a 34% decrease on the £226m worth of investment volume in 2021, reflecting the wider macroeconomic conditions - including rising debt costs - impacting the UK hotel market, where overall investment volumes are down 27.5% year-on-year.
Scottish hotel transaction volumes in 2022 reflected around 5% of the £3bn in overall UK volumes.
