Touristic real estate — in particular leisure hotels and resorts — has long been underestimated as a property segment. Properties in this real estate segment are much more complex and demand a deeper understanding of the product compared with other real estate sectors and even city and business hotels.

Leisure hotels and resorts have to meet the different expectations of a heterogeneous target group. At the same time, investors have to consider which touristic destinations will continue to function well.

Nevertheless, touristic real estate has proved to be extremely resilient, despite the disruption caused by travel restrictions during the COVID-19 crisis and current market turbulence.

The attractiveness of touristic real estate is not simply due to its versatility: the range of possible accommodation options extends from idyllic resorts to charming boutique hotels, clearly standing out from run-of-the-mill mass tourism and in line with changing consumer beh