New hotel construction to continue well into next decade
November 04, 2010
Despite the recession, the UK hotel industry is continuing to expand, with over 10,400 rooms opening in 2010 and a further 43,000 planned for the period 2011-2015. Since the present hotel building boom started in 2003, over 95,000 new rooms have been added to UK hotel stock, excluding re-launches of existing hotels, such as The Savoy and Four Seasons in London. Just over half (55 per cent) of the new-builds are in …
