There is a renewed appetite for investment into the UK hotel sector, with transactions up 35% on full year 2023. UK hotel investment transactions hit an estimated £3.08b in the first half of 2024, according to Savills research. This is the highest volume since the same six-month period ...
Hotel deals in Scotland’s prime cities and destinations also achieved the highest average price per room of any market outside of London at £170,000 –ahead of Northern Ireland’s £152,000 per room, which came second. The Scottish capital also achieved a premium of almost 50% compared...
hotel transactions market is bright. “The U.K. is a super-exciting market. This year, there have been a few deals at high values, and now inflation is not such an issue. The market will remain active,” EQ’s Kanuga said. Kanuga added that private equity is able to provide debt, ...
Investment in the UK hotel market is expected to grow, with 59% of respondents believing it will increase significantly over the next five years. Edinburgh and Oxford remain the most attractive cities for hotel investment, while co-living is gaining traction as an attractive asset class. Despite ...
Investment in the UK hotel market is expected to grow, with 59% of respondents believing it will increase significantly over the next five years. Edinburgh and Oxford remain the most attractive cities for hotel investment, while co-living is gaining traction as an attractive asset class. ...
“The UK hotel market adds about 10,000 new rooms each year and this has increased in pace recently with almost 18,000 new rooms expected to open in 2019. “This leaves hotels as a rare bright spot in a property market which is facing challenges in other sectors.”...
United Kingdom (UK) Hotels Market Size by Rooms (Total, Occupied, Available), Revenues, Customer Type (Business and Leisure), Hotel Categories (Budget, Midscale, Upscale, Luxury), and Forecast, 2021-2025 was curated by the best experts in the industry and we are confident about its unique...
Domestic rather than overseas tourists are set to drive the recovery of the UK hotel market, but UK tourism demand is not expected to return to pre-pandemic levels until 2024, predicts CBRE in its latest Hotels Pan EMEA Market Update.Domestic tourism declined by 47% in 2020 but is expected...
with Edinburgh maintaining high RevPAR due to strong demand and favourable market conditions. One of the major transactions in July was Blackstone’s acquisition of the Village Leisure portfolio for £850 million, highlighting the continued interest and investment in the UK hotel market, particularly...
While much of the evidence relates to the British hotel market, the increasingly international nature of hotel groups gives the general argument relevance elsewhere.doi:10.1016/0261-5177(89)90068-XCrispian TarrantElsevier LtdTourism ManagementTarrant, C. , “ UK hotel industry ‐ market restructuring ...