UK hotel market outlook

The latest update and outlook from the UK hotel sector.

Type Research

Date 15/02/2018

As in 2017, politics will take centre stage and be the key driver of confidence and economic performance.

Whilst there may well be further shocks from the Brexit negotiations these are likely to diminish once the withdrawal agreement on our future trading relationship is in place, expected to be this autumn.

Despite market disrupters such as Airbnb and heightened concerns over security, hotel occupancy has increased to 10% above its 2008 pre-recession peak. There were approximately 40 million overseas visits to the UK in 2017 according to VisitBritain, up 6% on the 2016 figures.