The European hotel sector has seen strong investment activity in 2006, with a number of corporate initiatives coming from the sector leaders, the real estate investment bank Eurohypo said in a new report. The lender estimates the global transaction volume in 2006 will amount to EUR 60 bn, after EUR 45 bn in 2005.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
