Hotels perform better than other sectors over 10-year period: IPD

Hotels performed better than any other property sector in key European markets over a 10-year period. Hotels also showed lower volatility, Malcolm Frodsham of the Independent Property Databank (IPD) told a meeting at Expo Real this week.

Frodsham was presenting the findings of the IPD Pan-European Hotel Performance Report for 2010. The report is designed to increase transparency in the hotel sector and is sponsored by investor Invesco and advisers Jones Lang LaSalle and HVS.

Hotels provided an annual total return of 9% in the UK over a 10-year period. Retail returned 7.3% and All Property 6.8%. Similarly, hotels provided an annualised total return of 4.6% over 10 years in Germany, compared to 2.3% for offices and 4.3% for retail. The 10-year return for French hotels was 11.5% compared to 13.2% for retail.

PropertyEU filed 70 news stories, published three Daily News magazines and conducted 15 PropertyTV interviews from Expo Real. Click on the link below for the full overview.