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UK Hotel transaction volumes reach almost £600m in Q1

Knight Frank added that the London hotel market has seen five sizeable transactions take place during the first three months of the year

After a muted end to 2022, transactional activity during the first three months of the year more than doubled to £600m, but deal volumes remained “significantly below” the five-year quarter average of £1.2bn, according to the latest figures from Knight Frank.

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