HVS released its Europe Hotel Transactions Bulletin for the week ending 13 February 2026 on hospitalitynet.org, adding another data point to the consultancy's long-standing series of weekly deal trackers covering the European hospitality investment market.

The bulletin is published by HVS, the New York-headquartered hospitality consulting group that runs valuation, feasibility and investment-advisory mandates across Europe. The firm operates offices in cities including London, Madrid, Paris, Amsterdam and Frankfurt, and its weekly bulletin is a recognised reference for operators, lenders and investors tracking single-asset and portfolio deal flow in the region.

What does the weekly bulletin cover?

Each HVS Europe Hotel Transactions Bulletin collates reported hotel transactions across the continent, typically including:

• Asset name, location and key count
• Buyer and seller identity where disclosed
• Reported price or estimated per-room value
• Asset class (luxury, upper-upscale, midscale, resort)

Why does a weekly tracker matter for operators and investors?

European hotel transaction data is fragmented across national registries, broker memoranda and confidential off-market deals. A consolidated weekly publication reduces information asymmetry for buyers, sellers and lenders active in markets from the UK and Ireland to Iberia, the DACH region and Central and Eastern Europe.

For operators with capital expenditure programmes, REVPAR-led portfolio reviews or refinancing windows in 2026, the bulletin serves as an external benchmark for pricing core and non-core assets. For lenders, it feeds into loan-to-value calibrations. For institutional buyers, it informs bid strategy on assets coming to market in the spring 2026 sales window.

Where does European deal activity sit in early 2026?

European hotel investment volumes had been recovering from the 2023 trough through 2024 and 2025 as base rates eased and debt markets reopened for senior and stretched-senior hotel paper. Investors continued to weight active capital in gateway cities including London, Paris, Madrid, Amsterdam and Rome, with secondary interest in resort assets in the Mediterranean and in conversion plays involving offices or retail stock in urban cores.

Weekly bulletins typically capture only deals that reach the public domain or are disclosed directly to HVS by counterparties. Confidential off-market trades, club deals and transactions under €1M mnastics are not always included, which can understate true volume in markets such as Germany, France and the Nordics.

What happens next?

HVS will publish its next Europe Hotel Transactions Bulletin for the week ending 20 February 2026, continuing the weekly cadence through Q1 2026. Operators and investors tracking the spring 2026 transaction window should expect increased deal flow as vendors bring assets to market ahead of the summer closing season, with investor attention focused on stabilisation of euro base rates, the trajectory of ECB policy beyond the first quarter, and refinancing pressure on 2018-2021 vintage assets maturing in 2026 and 2027.