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UK hotel industry shakes off recession to post record expansion, says study
By Jak Phillips 15 May 2014
Peter Ducker, chief executive of the Institute of Hospitality, hopes to chart the growth of the industry's key sectors
The UK hotel industry defied the recession to record its largest ever expansion in the decade up to the end of 2013, with total investment for the period topping £13bn, according to a new report.

The industry added 106,380 new rooms over the 10-year period, while shedding 40,000 to record a net gain of around 66,000 rooms. And the growth looks set to continue, with 9,300 more rooms planned for 2014 and 2015 in London and over 14,700 rooms elsewhere in the UK.

Hospitality Digest 2014, a new 190-page publication by the Institute of Hospitality, used figures provided by construction consultants Gleeds to produce an overview of key facts and figures outlining the UK hospitality industry and the trends that are underlying its growth.

“In a single publication it contains all the key factual information on the growth of the industry’s key sectors – tourism, hotels and foodservice, as well as articles and information on employment and education in the industry,” says Peter Ducker, chief executive of the Institute of Hospitality.

“We believe it complements the information that is available in our library and builds the Institute’s reputation as an up-to-date source of knowledge on the hospitality industry,” Ducker concluded.


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Art of Cryo
Art of Cryo
Art of Cryo
Art of Cryo
News   Products   Magazine
NEWS
UK hotel industry shakes off recession to post record expansion, says study
POSTED 15 May 2014 . BY Jak Phillips
Peter Ducker, chief executive of the Institute of Hospitality, hopes to chart the growth of the industry's key sectors
The UK hotel industry defied the recession to record its largest ever expansion in the decade up to the end of 2013, with total investment for the period topping £13bn, according to a new report.

The industry added 106,380 new rooms over the 10-year period, while shedding 40,000 to record a net gain of around 66,000 rooms. And the growth looks set to continue, with 9,300 more rooms planned for 2014 and 2015 in London and over 14,700 rooms elsewhere in the UK.

Hospitality Digest 2014, a new 190-page publication by the Institute of Hospitality, used figures provided by construction consultants Gleeds to produce an overview of key facts and figures outlining the UK hospitality industry and the trends that are underlying its growth.

“In a single publication it contains all the key factual information on the growth of the industry’s key sectors – tourism, hotels and foodservice, as well as articles and information on employment and education in the industry,” says Peter Ducker, chief executive of the Institute of Hospitality.

“We believe it complements the information that is available in our library and builds the Institute’s reputation as an up-to-date source of knowledge on the hospitality industry,” Ducker concluded.
RELATED STORIES
PwC report bullish on outlook for UK hotels


A new report from PricewaterhouseCoopers (PwC) sees the company remaining 'cautiously upbeat, but increasingly optimistic' about the outlook for the UK's hotel sector in 2014.
‘Insatiable’ appetite for UK hotels as spending tops £3bn


There is an “insatiable” appetite for London hotels from foreign investors which has contributed to more than £3bn of UK hotel investment in 2013 – almost double 2012’s total and the highest since 2007 – according to realtor Savills.
PwC report says it's good news for hotels


According to PwC’s 2014 UK hotels forecast, the industry has weathered the economic storm of the last three years and occupancy, room rates and REVPAR are on the up.
MORE NEWS
Banyan Group appoints Paul Hawco to spearhead wellness strategy
Paul Hawco, a seasoned figure in the international wellness industry, has assumed the role of executive director – integrated wellbeing at independent, hospitality group Banyan Group.
Ritz-Carlton Reynolds, Lake Oconee, unveils new-look lakeside destination spa
The Ritz-Carlton Reynolds, Lake Oconee in the southeastern US state of Georgia is celebrating a new milestone after unveiling its newly renovated 27,000sq ft destination spa.
Art-inspired urban spa to launch at stylish new London hotel, Art’otel London Hoxton
Art’otel, Radisson’s contemporary art-inspired lifestyle hotel brand, has strengthened its presence in London with a new hotel in Hoxton fusing art, design and hospitality.
Saga Holographic hits Kickstarter target to roll out holographic indoor bike
HoloBike, a holographic training bike that simulates trail rides in lifelike 3D, is aiming to push indoor cycling technology up a gear.
Exclusive: Yuki Kiyono goes behind the scenes of Aman’s social wellness brand Janu
Luxury hotel brand Aman, widely known for its strong spa focus, has just launched its much- talked-about sister brand Janu in Tokyo – complete with a 4,000sq m urban wellness retreat.
Equinox teams up with Dr Mark Hyman's Function Health to offer $40k annual healthspan programme
Equinox, has teamed up with health platform, Function Health, to offer 100 comprehensive laboratory tests, giving members vital insights into their internal health.
+ More news   
 
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Dröm UK specialises in the design and installation of luxury, bespoke spa and thermal wellbeing area [more...]
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13-16 May 2024

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Conrad Chia Laguna Sardinia , Italy
18-22 May 2024

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