The City is one of the best-performing hotel markets in London
Improvements on peak corporate nights during the week have been crucial
Hotels in the City submarket have outperformed the wider London market over the past 12 months. It is also one of the two submarkets that achieved year-on-year revenue per availabl...
Manchester city centre hotel market continues to thrive despite growing supply
RevPAR has been on a largely positive trajectory as demand follows supply increases
Hotel supply in the Manchester Centre submarket, encompassing the city centre, has been on an upward trend in the past decade. Twelve-month supply has grown at a compound annual gr...
UK hotel forecasts downgraded as 2025 trading results underwhelm
London hotels are expected to witness weaker RevPAR results, while regional UK remains flat
UK hotel forecasts have been downgraded following a weaker start to 2025 than previously expected.
UKREiiF drives significant uplift in hotel prices in Leeds and surrounding areas
Average daily rates reach close to £300 on the busiest night
Growing attendance at the UK’s biggest real estate conference, UKREiiF, in Leeds provided a significant and welcome boost to hotel performance over the three-day event period.
Soaring hotel room rates outstrip inflation in European luxury sector
Pricing has grown well ahead of inflation across most markets
Luxury hotel pricing has been one of the main performance drivers across most European hotel markets.
European luxury hotel performance shows no sign of slowing, as most markets see RevPAR growth
Hotels in Copenhagen thrive, while those in Mestre and Venice struggle
Luxury major European hotel markets have continued to show positive signs, as most achieve year-over-year revenue per available room improvements, according to the latest CoStar da...
London hotel class performance remains split in a mixed opening to 2025
Luxury leads the way, but demand shifts are supporting occupancy growth for Midscale hotels
Luxury hotels continue to outperform in London as the only class to achieve year-over-year revenue per available room growth during the first quarter of 2025, according to CoStar d...
Better outlook forecast for London hotels after a weak start to 2025
Fewer events and softer corporate trade adversely impacted first-quarter results
London’s hotel market is expected to recover from a poor first quarter, when fewer events and cooler demand from business visitors negatively impacted occupancy and average room ra...
European hotel room supply growth will be greatest in underdeveloped destinations
Branded room expansion drives the largest hotel supply growth in Georgia and Uzbekistan
While hotel development has slowed across most Northern and Western European countries, underdeveloped Eastern European and Central Asian countries are expected to witness the bigg...
UK domestic leisure destinations should see a boost in performance this Easter
Manchester and Cumbria are set to benefit most from the Easter break as bookings increase year over year
Domestic leisure destinations are likely to receive a welcome demand boost during the Easter holidays, according to Forward STAR data as of 7 April.
UK hotel performance trends downwards during the first quarter of 2025
March posts weakest trading performance, exacerbated by calendar shifts in Easter
Preliminary first-quarter revenue per available room results point to softer trading performance for UK hotels, according to CoStar data.
London hotel rooms under construction slump to a five-year low, but that could soon change
The final planning pipeline has accelerated in the past 12 months, amounting to over 9,000 rooms
Hotel rooms under construction in London reached their lowest point in February in more than five years, decreasing by 37% from their peak in May 2021, according to CoStar data.
Marylebone and Mayfair hotels outperform as submarkets in east London struggle
Increased room availability negatively impacts most London hotel submarkets
London hotels have experienced a year-over-year decline in revenue per available room, but some areas and hotel classes are doing better than others, according to CoStar’s year-to-...
Most UK hotel markets witness positive results at the start of 2025
Cheshire tops RevPAR growth as Swindon and Wiltshire dives
A mostly positive start to the year has enabled hotels in the UK to marginally drive revenue per available room upwards by 0.2%, according to CoStar’s year-to-February results.
Higher labour costs squeeze UK hotel profit margins
Payroll costs account for a higher share of turnover in regional UK properties
Over the past five years, labour costs for hotels across the UK have increased by approximately 34%, according to STR/CoStar data. During the same time, total revenues grew by arou...
Hotel occupancies throw off pandemic shock in most UK markets
Aberdeen is thriving, while Cardiff has some way to go relative to five years ago
Occupancies have been slower to recover than average daily rates over the past five years. However, since the onset of the COVID-19 pandemic, most UK markets have fully recovered, ...
How have UK hotel prices fared five years after the onset of the pandemic?
In real terms, hotels in Scotland and Northern Ireland have thrived
It has been five years since the onset of the COVID-19 pandemic, which shocked the UK and brought the world to a halt.
Group travellers are driving room revenue improvements for UK hotels
Strong rebound in corporate meetings and major events has been key to RevPAR growth
Group revenues have been a key driver of room revenue improvements over the past 12 months, according to CoStar data.
UK and Ireland hotels achieve the highest occupancies in Europe
The average occupancy for European hotels sits at approximately 68%.
Hotels across the UK and Ireland are the fullest on the European continent, according to CoStar data.
Investors move to sectors such as hotels as sales volumes exceed £6 billion in 2024
UK hotel investment accounts for a record 60% of total office sales
Investors are shifting to alternative sectors, such as hotels, with hotel sales in the UK reaching close to their pre-pandemic highs and gaining as a share of investment versus off...