Insights
Market intelligence.
Off the record.
Theses, data and structural reads on European hospitality investment — from our desk.
Arduina Market Bulletin — June 2026
6 hotel transactions, 8 operator openings, East Marbella focus and 4 market indicators. Europe's hotel investment volume hit €22.6bn in 2025 — highest since 2019.
Spanish Hospitality Is Entering Its Consolidation Phase.
Confirmed operational performance, pre-compression pricing, a stable regulatory frame: three things rarely aligned in real estate now converge in Spain. The window is finite.
Marbella Ahead of London and Paris: Anatomy of a Repricing
With $1M in prime residential, you get 82 sqm in Marbella — versus 46 in London, 39 in Paris. Knight Frank's PIRI 100 makes the case. Here is what the data actually means.
A Hotel Is Bricks With a P&L Inside.
Spanish RevPAR hit €118.30 in 2024, up 11.5% and above pre-pandemic levels. Why operational hospitality now delivers what compressed prime residential no longer can.
The Gulf Is Investing in Spain. Here's Why It's Structural.
Abu Dhabi, GIC, Blackstone: Gulf sovereign capital is moving into Spanish hospitality at scale — and the thesis behind it has been building for a decade.