LONDON HOTEL DEVELOPMENT MONITOR
Download your copy of the London Hotel Development Monitor produced in conjunction with London & Partners, to help identify opportunities in London's hotel market.
Active pipeline by number of rooms, 2016-2018 AM:PM, March 2016
c. 140,000 Total rooms at March 2016
£144 Average rate
c. 16,000 new rooms expected by 2018
155.3 million total passengers at London's airports in 2015
For further information on our findings or to discuss your plans for expansion or your wider investment strategy, please do not hesitate to contact us:
+44 (0)20 7399 5969
+44 (0) 20 7399 5821
+44 (0)20 7234 5739
+44 (0)20 7234 5745
"The importance of visitor accommodation within Central London is well-acknowledged at borough level by key political figures, albeit members are keenly aware of the need to protect the residential amenity of local residents from noise, disturbance, overlooking, loss of daylight and sunlight and adverse traffic impacts, all of which are controlled by development plan policies."
"2015 was an exceptionally strong year in terms of hotel transactions in London and on a global scale. While transaction activity will remain high throughout 2016, we expect the trend will shift towards single asset transactions. Underlying market fundamentals continue to be positive and the outlook for hotel performance in London is good."
"New infrastructure developments in London such as Crossrail and the Thameslink upgrade continue to drive regeneration and unlock interest into hidden corners of the capital. Not only is this likely to heighten visitor demand and trading performance in the future, it will also aid the absorption of new supply. We have already seen a shift in the East in terms of both new hotel supply and investment, and this is a trend we expect to continue in the near future."
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