", PwC, Annual hotel occupancy rate in London (UK) from 2019 to 2021, with a forecast to 2023 Statista, https://www.statista.com/statistics/323719/annual-hotel-occupancy-rate-in-london-uk/ (last visited March 01, 2023), Annual hotel occupancy rate in London (UK) from 2019 to 2021, with a forecast to 2023 [Graph], PwC, November 7, 2022. #9 Best Value of 69 Budget Hotels in London. Show publisher information As soon as this statistic is updated, you will immediately be notified via e-mail. Bear in mind that entry-level hotel rooms in London are typically smaller than their American equivalents. You are about to post a question on finder.com: document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Level 2, 20 St Thomas St, We found that Premier Inn holds the titles for both most popular hotel chain and largest hotel chain (by number of rooms) in the UK. Cons: Breakfast is not included in the room rate and neither is afternoon tea. Number of Premier Inn hotel rooms 2011-2022, Impact of coronavirus (COVID-19) on hotel performance in London 2020, Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. Small Plus rooms have rooftop views and Medium rooms offer slightly more space, while the Loft and Suites feature elegant, deep soaking tubs. Bathrooms are wall-to-wall marble; some beds, such as the carved four-poster in the Princes Lodge, are so high off the ground they need steps to climb into. On-site amenities: Restaurant, bar, library lounge, gym, Wi-Fi. The London Eye, Westminster Abbey, The London Dungeon, and more are all nearby, and both Waterloo and Westminster stations are five minutes away, making the rest of London easily accessible. On-site amenities: Restaurant, bar, gym, pool, Wi-Fi. service provider and read the information they can provide. The leading UK hotel chains were recorded based on the number of rooms they had. This hotel's name comes from the fact that the historic building was home to an office of London's Metropolitan Police Force until the late 19th century. Pros: This hotel enjoys a very central location that will especially please first-time visitors. Access your favorite topics in a personalized feed while you're on the go. Here's the most exciting London hotel openings for 2023, including an uber-luxe Hyde Park hotel, a maximalist Soho property and a mega London debut from the Raffles brand. All suites come with separate living areas and personal butlers. The Market is Segmented by type (Chain Hotels and Independent Hotels), and by segment (Luxury Hotels, Mid and Upper Mid-scale Hotels, Budget and Economy Hotels, and Service Apartments ). Email us at reviews@insider.com. Are you interested in testing our business solutions? Cons: This hotel is away from the main attractions of London in a mainly residential (though peaceful) neighborhood. Its hard not to feel a little intimidated at first glancethis is a stately hotel with smartly dressed doormen round the back of Buckingham Palace. A former textile factory in Whitechapel (East London), this historic building has been converted into a stylish 79-room boutique hotel. The restaurant also serves continental breakfast, included in room rates, as well as lunch and dinner. According to statistics given by many research organizations, the UK's hotel industry is one of the economy's worst-hit sectors during the COVID-19 pandemic and saw a significant contraction in AprilJune 2020. Cons: If you're in a low-level room facing the courtyard, it can be extremely noisy. Antique rugs, bright upholstery, and modern art offset the weighty mahogany paneling. The theme continues into rooms, albeit in a less obvious way. The hospitality industry recorded growth numbers in 2021, both in terms of performance and investments. All have spa-like bathrooms with rain showers and rooms that face the street have more light and less noise than those that face the interior courtyard. The cost of staying a night in London is around double the cost of staying a night elsewhere in the UK. UK Hospitality Market Top Players Whitbread Group InterContinental Hotels Group Travelodge Accor SA Marriott International, Inc Enter dates to see prices. Statista. While there isn't a full spa, you can book in-room treatments with the hotel's independent partners, and a wellness program offers classes like yoga in the clouds and IV vitamin injections for an extra fee. Now that travel restrictions have eased between the US and the UK, and many of London's best hotels are once again open to guests, the following list represents my go-to picks for family and friends. Even duringand despitethe pandemic, London in 2021 saw the opening of dozens of new hotels across the city, from Shoreditch to Soho. 1 Hotel London. On sunny days, opt for the small, but pleasant terrace. If you book something through our links, we may earn an affiliate commission. We welcome your feedback. Guests can also tour the neighborhood by bike for free. A paid subscription is required for full access. Revenue per available room of hotels in London from 2019 to 2021, with a forecast to 2023 (in GBP) RevPAR of regional hotels in the UK 2008-2022 RevPAR of regional hotels in the UK. The staff are among the best in the world, particularly the concierges. The Goring exudes refinement with silk-lined walls, sumptuous furniture, and fine Italian linens, though each room is uniquely decorated with intricate details. The Rosewood London has brought a neglected Edwardian pile back to lifethe Mirror Room is fabulousbut its also helped put Holborn back on the map for Londoners. In a suitably grand building that used to house the Ministry of Defense, the location is equally impressivejust minutes from the Thames, Trafalgar Square, the South Bank, and the Houses of Parliamentand rooms get more extravagant until you reach the Royal Penthouse, which has its own spa, wine cellar, and terrace that eyeballs the London Eye. Book DoubleTree by Hilton Hotel London Tower of London, Best for: Business travelers, Hilton loyalists, On-site amenities: Restaurant, bar, fitness center, business center, executive lounge. The 300m project from Edwardian Hotels will stand at 16 storeys with 350 guest rooms and suites, six concept restaurants, two private screening . It's one of East London's best-kept secrets. Register in seconds and access exclusive features. After the rollicking success of their East London location, the team behind the celebrity-magnet sushi bar and hotel brandincluding chef Nobu Matsuhisa and Robert De Nirobrought their signature Japanese-inspired minimalism to tony Marylebone, transforming an old business hotel into something at once familiar and brand new. There's an elegant tea room set in a library with velvet, blush-colored couches and chairs, and Kensington Palace is across the street. In 2020 prices are predicted to be the highest ever for the 12 year period, at 73 for a hotel room around the UK and 153 for a hotel room in London. While we are independent, we may receive compensation from *Disclaimer: Major Players sorted in no particular order. Visitors must complete a Passenger Locator Form listing where they will be staying. Hotel rooms are expected to be occupied for an average of 45% of the time during 2021. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The Hospitality Industry in the United Kingdom market is studied from 2018 - 2027. We may receive compensation from our partners for placement of their products or services. A strange animal that's part kangaroo, part peacock, part deer hangs above one of the bars, and the Mandrake Suite looks like a fortune teller's bedroom. Occupancy rates over time Over the 12-year period from 2008 to 2020, hotel occupancy has always been an average of 9% higher in London than it is in the rest of the UK. In total, 1494 hotels offered accommodation in London in 2015, with the majority of establishments having up to 49 rooms. This is arguably Londons hippest hotel. Opened in 1900 as the Hotel Russell, this landmark building in Bloomsbury remains beloved for its ornate architecture by Charles . Kimpton Fitzroy London. . Removed from the traffic but pin-sharp in the heart of Mayfairs thrills, it is first and foremost a cocooning retreat, enveloping and deeply comfortable. It's been an incredibly difficult last nine months for hotels in the UK capital, with many forced to close during the first wave . We highlight products and services you might find interesting. Cadogan Hotel. Bathrobes for adults and mini bathrobes for kids ensure everyone finds relaxation. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. You can also purchase parts of this report. unsure you should get independent advice before you apply for any There's a small, but suitable gym, and while there's no spa, guests can take advantage of discounted rates at nearby salons. Cons: The gym is small and there's no spa, though guests can receive discounts at nearby salons. Cond Nast Traveler may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. The capital city is home to thousands of hotels, but the best hotels in London come with not only that quintessentially British charm, but also with a sprinkling of everything else this city is known best for. MARKET OPPORTUNITIES AND FUTURE TRENDS. The stylish Conrad London St. James has much more to offer than its prime central location, though. Ad Choices. We The rooms, with a houndstooth-and-leather, mens club vibe, and one-touch everything wired via a bedside iPad, feel a bit like James Bonds lair, while the location, across from theTower of Londonin the citys untouristed financial district, is pretty damn perfect. Walking around the cavernous public spaces, guests are transported back in time to the turn of the twentieth century. Book DoubleTree by Hilton Hotel London Tower of London. There is no spa, but there is a small fitness and business center. Pros: This hotel has an excellent location for meetings within the Financial District. [Online]. As a Premium user you get access to the detailed source references and background information about this statistic. The six least popular brands had an average positive response rate of 35% each. Paul Oswell is a British freelance journalist based in New Orleans. Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve. our privacy policy, By submitting, you confirm that you agree to our privacy On-site amenities: Restaurant, bar, gym, butler service, Wi-Fi. As enticing as the rooms are, youll want to spend all your time in the hotels common spaces, including the disco-ball-bedecked cocktail lounge Fitzs and the glass-ceilinged Palm Court for afternoon tea (and bubbly). The Hari is also within walking distance of Hyde Park, Buckingham Palace, and several museums. Learn more about how Statista can support your business. We endeavour to ensure that the information on this site is current and We selected the best London hotels with central locations, striking design, and high value rates. But theres also a buzz in spaces such as the new Red Room, a sly speakeasy hidden beyond a velvet-curtained doorway, and a sense that things are happening in some nook somewhere. Currently, you are using a shared account. Occupancy is 35 percent lower than it was before Covid, the biggest drop in the nation . Rumored to have been a favorite of Marilyn Monroe and Marlene Dietrich (who has a suite named after her), the Savoy was the first hotel in Britain to have elevators and electric lights, and it is still at the top of its game after an elegant refurbishment during Londons COVID-19 lockdown. For views of Big Ben or the London Eye, upgrade to a Studio Room, Suite, or Penthouse. Four Seasons Hotel London at Ten Trinity Square. Sign up for Insider Reviews' weekly newsletter for more buying advice and great deals. Cons: While the restaurant is great for toasting to the skyline, it leaves something to be desired when it comes to the food, especially for such a high-end property. Please do not hesitate to contact me. With the vaccine rolling out, there's hope on the horizon for travel . The United Kingdom recorded a constantly growing number of domestic travelers till 2021. They also feature floor-to-ceiling windows, bathrooms with rainfall showers and soaking tubs, and luxe perks like bedside controls for lights and curtains. 9. New and upcoming London hotels (2021) 3 Jan 2021 by Mark Caswell. The restaurantusually booked up months in advanceholds back tables for hotel guests; order the crab-stuffed donuts with wasabi and chopped egg. Plus: Odes to the properties that keep you coming back, meditations on beloved cities, and more. Pros: This quirky, 10-bedroom property has bright, vintage furnishings that feel far from standard and the location between Westminster and Chelsea is a coveted one. In-depth industry statistics and market share insights of the Hospitality Industry in the United Kingdom sector for 2020, 2021, and 2022. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Hotel industry turnover in the United Kingdom (UK) 2008-2020, Hotel occupancy rate in the United Kingdom (UK) 2015-2019, Hotel room supply forecast in the United Kingdom (UK) 2018-2019, Most popular hotel brands in the UK Q4 2022, Annual occupancy rate of hotels in the United Kingdom (UK) from 2015 to 2019*, Hotel average achieved room rate in the United Kingdom (UK) 2015-2019, Average achieved room rate (AARR) in hotels in the United Kingdom (UK) from 2015 to 2019*, Hotel rooms yield in the United Kingdom (UK) 2015-2019, Rooms yield of hotels in the United Kingdom (UK) from 2015 to 2019* (in GBP), Hotel room supply forecast in the United Kingdom (UK) in 2018 and 2019, Number of hotel businesses in the United Kingdom (UK) 2008-2020, Number of hotel and similar accommodation businesses in the United Kingdom (UK) from 2008 to 2020, Turnover of hotel and similar accommodation businesses in the United Kingdom (UK) from 2008 to 2020 (in million GBP), Gross value added (GVA) of hotels in the United Kingdom (UK) 2008-2020, Gross value added (GVA) of hotels and similar accommodation in the United Kingdom (UK) from 2008 to 2020 (in million GBP), Hotel occupancy rate in London (UK) 2019-2023, Annual hotel occupancy rate in London (UK) from 2019 to 2021, with a forecast to 2023, Occupancy rates of regional hotels in the UK 2019-2023, Occupancy rate of regional hotels (excluding London) in the United Kingdom (UK) from 2019 to 2021, with a forecast to 2023, Average daily rate (ADR) of hotels in London (UK) from 2019 to 2021, with a forecast to 2023, ADR of regional hotels in the UK 2019-2023, Average daily room rate of regional hotels in the United Kingdom (UK) from 2019 to 2021, with a forecast to 2023 (in GBP), RevPAR of hotels in London (UK) 2019-2023, Revenue per available room of hotels in London from 2019 to 2021, with a forecast to 2023 (in GBP), RevPAR of regional hotels in the UK 2008-2022, Revenue per available room (RevPar) of hotels in provinces in the United Kingdom (UK) from 2008 to 2019, with forecast until 2022 (in GBP), Hotel market in regional cities in the United Kingdom (UK) 2019, by TRevPAR, Leading hotel markets in regional towns/cities in the United Kingdom (UK) in 2019, ranked by TRevPAR*, Hotel occupancy rates in London in the UK 2015-2019, by segment, Occupancy rates of hotels in London, United Kingdom (UK) from 2015 to 2019, by segment, Hotel occupancy in regional hotels in the UK 2015-2019, by segment, Occupancy rates in regional hotels in the United Kingdom (UK) from 2015 to 2019, by segment, Hotel room yield growth in regional hotels in the UK 2019, by segment, Rooms yield growth in regional hotels in the United Kingdom (UK) from 2015 to 2019, by segment*, Hotel room yield growth in London 2015-2019, by segment, Rooms yield growth of hotels in London, United Kingdom (UK) from 2015 to 2019, by segment*, Hotel revenue distribution in the United Kingdom (UK) 2019, by segment, Hotel revenue distribution per occupied room in the United Kingdom (UK) in 2019, by segment*, Leading hotel companies in the United Kingdom (UK) 2018 by number of rooms, Leading hotel chain groups in the United Kingdom (UK) in 2018, by number of rooms, Leading hotel chain brands in United Kingdom (UK) 2018, by number of rooms, Leading hotel chain brands in United Kingdom (UK) in 2018, by number of rooms, Most popular hotel brands in the United Kingdom (UK) as of the fourth quarter of 2022, Number of Premier Inn hotels in the United Kingdom (UK) 2012-2022, Number of Premier Inn (Whitbread) hotels in the United Kingdom (UK) from 2012/13 to 2021/22, Premier Inn hotel room occupancy rates in the UK 2011-2022, Occupancy rate of Premier Inn (Whitbread) hotel rooms in the United Kingdom (UK) from 2011/12 to 2021/22, Number of InterContinental Hotel Group hotels worldwide 2008-2021, by brand, Number of InterContinental Hotel Group (IHG) hotels worldwide from 2008 to 2021, by brand, Revenue of the InterContinental Hotels Group 2011-2021, by region, Revenue of the InterContinental Hotels Group (IHG) from 2011 to 2021, by region (in million U.S. dollars), Number of Travelodge hotels in the UK 2016-2021, Number of Travelodge hotels in the United Kingdom (UK) from 2016 to 2021, Occupancy rate of Travelodge hotel in the UK 2016-2021, Occupancy rate of Travelodge hotels in the United Kingdom (UK) from 2016 to 2021, Most attractive European cities for hotel investment 2018-2019, Most attractive European cities for hotel investment from 2018 to 2019, Hotel investments in the United Kingdom (UK) 2021, by classification, Distribution of hotel investment in the United Kingdom (UK) in 2021, by hotel grade, Hotel investments in the United Kingdom (UK) 2021, by buyer origin, Distribution of hotel investment in the United Kingdom (UK) in 2021, by buyer origin, Hotel investment in regional cities of the United Kingdom (UK) 2019, Volume of hotel investment in regional cities of the United Kingdom (UK) in 2019 (in million GBP), Hotels market - Revenue forecast in the United Kingdom 2017 - 2025, Revenue in the Hotels market in the United Kingdom from 2017 to 2025, (in billion U.S. dollars), Number of Hotel guests in the United Kingdom 2017-2027, Number of guests in the Hotel market in the United Kingdom from 2017 to 2027, Penetration rate in the Hotels market in the United Kingdom 2017 - 2025, Usage penetration rate in the Hotels market in the United Kingdom from 2017 to 2025, Hotels market - Average revenue per user in the United Kingdom 2017 - 2025, Average revenue per user in the Hotels market in the United Kingdom from 2017 to 2025 (in U.S. dollars). Superior rooms come with Twin or Double beds and feature modern, though fairly standard, interiors with sleek black fixtures. our partners for featured placement of their products or services. Even the upscale restaurants offer a children's menu, and the tea menu has a Little Prince and Princess option for younger guests. As of 2018, London is the most expensive city for daily hotel costs. The Leicester Square hotel, which is expected to open in autumn 2021, will rise 30 metres above ground, while delving 32 metres beneath it. And naturally, being a Four Seasons, the service is impeccable. Theres a guaranteed shiver of excitement as you step past the top hats and tails of the doormen and back in time onto the checkered floor of the grand, wood-paneled lobby. Large, comfortable rooms have deep tubs and English country house style, and some are the work of stage designer Oliver Messel, with doors painted with flowers and furnishings and fittings decorated with acorns and oak leaves. After increasing year on year for decades, its estimated that the hotel industry will fall with 45% in regards to the revenue, from making 21.65 million in the UK in 2019, to 11.94 million in 2020. This text provides general information. Please be sure to check your spam folder too. The projected 2019 and 2020 values predict that occupancy rates will remain high, being 84% for London and 76% for the rest of the UK. VAT number: 259751759. finder.com compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Entry-level Superior rooms start at 322 square feet, but if you're lucky, you might snag one that comes with over 500 square feet since they range in size. Her work is found in other recognizable luxury properties across the globe, but here, shines with velvet and marble details, elegant fireplaces, and chrome finishes alongside cozy blankets strewn across beds and couches. Decor is opulent albeit a bit blandsilks and marble in blues and beigebut it doesnt really matter, because youll be looking out of those floor-to-ceiling windows anyway. I've stayed in countless properties from interesting boutique gems that show off an undeniably British sense of style to sprawling, palatial luxury hotels and affordable outposts of budget chains. Part of the Preferred Hotels & Resort group, this hotel features accessible luxury by way of modern interiors curated by renowned designer Tara Bernard. Having a home base within walking distance of Westminster Abbey, Big Ben, and Buckingham Palace is pretty darn clutch when visiting Londonespecially if its your first time there. Get the best reports to understand your industry, Hospitality and tourism industry in the United Kingdom, Serviced accommodation in the United Kingdom (UK). For dinner, try the Brasserie Jol or the exceptional sushi restaurant. All properties met our high standard for value through on-site amenities, sleep quality, room size, and location. They seem to almost spin themselves around at your approach, as if to draw you in like a welcoming whirlpool. She also previously worked at Oprah.com and has written for outlets including Vanity Fair, Travel + Leisure, Thrillist, Brides, Here Magazine, Greatist, and more. A cream and teal color palette reflects a more modern aesthetic alongside futuristic toilets and other high-end fixtures. She previously worked in retail and tourism and travelled extensively on a budget. Research in 2019 found Premier Inn to be the most popular hotel chain in the UK, with 67% of respondents saying they liked this chain. Two- and three-bedroom Residences feel like living in a sleek London flat and give large groups and families more space to spread out. The location is extraordinaryyou can tick off Tate Modern and The London Eye before the rest of the tourists have finished their morning tea and toast. The growing RevPAR is helping the city attract more new projects and investors. Since being reimagined as a hotel in the 1990s, its undergone many renovations, most recently at the hand of Martin Brudnizki. 6 sites offering mystery hotels where you can save up to 60%. Contents The forecast at a glance 1 The forecast in numbers 2020 2021 3 Real GDP growth, revenue per available room (RevPAR) 1979-2021F 4 London & regions forecast in detail 5 Priorities for hotels in 2021 6 Beyond the forecast: future expectations 8 Employment and furlough: time for the great rethink 10 Data: analytics can fine tune hotel strategies 12 Cost-based transformation: think . You can purchase logo and accolade licensing to this story here. Whether youre sightseeing steps away or rolling in bed, youre at the place to be. When it opens in September 2021, The Westin London City will also overlook the Thames. The food and beverage offering is split between the Lower Ground, where breakfast can be taken, and the destination cocktail spot The Dandy Bar, which has a supper menu overseen by much-vaunted chef Adam Simmonds. The latest outpost from luxury group Edwardian Hotels, The Londoner will be London's first hotel with more space below ground than above it. This section covers the major market trends shaping the UK Hospitality Market according to our research experts: The total number of tourist arrivals in the United Kingdom are fluctuating. The survey was conducted by Cushman & Wakefield during April and March 2022. authorised and regulated by the Financial Conduct Authority (firm 1.1 Study Assumptions and Market Definition, 4.5 Insights on Technological Innovations in the Hospitality Industry, 4.6 Impact of COVID-19 on Hospitality Industry, 7. The hotel also has an exercise studio, a small but lovely spa with a resistance plunge pool, a sauna, and one treatment room. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). 45 % of the time during 2021 and over 1 million facts: get quick analyses our. The small, but pleasant terrace rates, as well as lunch and dinner: Odes to detailed! You can save up to 49 rooms ornate architecture by Charles mind that entry-level hotel in., its undergone many renovations, most recently at the hand of Martin.... 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