European hotel investors have named the UK as the top European target for hotel investment in 2017.
According to the survey by global property advisor CBRE, respondents said they view the UK as the most attractive market in Europe for hotel investment.
It also revealed that 87% of respondents are planning to invest the same or more into hotel real estate in 2017.
This reflects growing confidence in the real estate market, following a post-referendum slump.
When asked what hotel investors thought was the greatest opportunity to European hotel investment in 2017, almost 20% cited economic growth followed by the cost and availability of debt.
The primary concern for hotel investors in 2017 is asset pricing and geopolitical influences, according to the survey results.
Miles Gibson, head of UK research at CBRE, said: "2017 will see some complex opening manoeuvres in the Brexit negotiation, not least because of the potential for some twists and turns in European politics too. Brexit will take time but the wheels of the economy will still turn and there is no doubt that the UK's particularly strong economic fundamentals will further underpin investor confidence in purchasing UK property."
The second most attractive investment market for hotels was Germany, followed by Spain, France, and Italy and the Netherlands.
The results of the CBRE survey were based on answers from 485 respondents all of which are real estate investors with a particular interest in hotels.
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