Hotel Re-Financing: key construction- related
considerations
Climate and outlook
Despite a backdrop of economic and political uncertainty
both globally and in the UK and the market expectation that digital
economy properties (such as data centres and logistics /
warehousing) will continue to take the top spots in commercial real
estate asset class rankings over the next 12 to 18
months1, there continues to be an increasing interest in
operational real estate investment (e.g. hotels). In the UK,
operational real estate investment increased by 17% in Q3 2025
compared to the previous quarter, with hotels leading the way,
driven largely by high-volume single-asset (as opposed to
portfolio) transactions2. The hospitality sector is
therefore demonstrating relative stability, resilience and investor
confidence in high-quality hotel assets.