This quarterly report provides a snapshot of trends in the UK hotel industry. All data is drawn from our partners HVS and STR, with analysis from our team of experts at AlixPartners.
Q3 2018 was a strong quarter for London. This was underpinned by several successful events (e.g. London Pride) as well as record-breaking weather. On a last twelve month (LTM) basis, however, growth in London and the regions remains broadly flat. With active pipeline at 8% and 5% in London and the regions respectively, potential demand growth is unlikely to convert into additional occupancy for existing hoteliers.