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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
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
+ More news   

COMPANY PROFILES
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
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Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
Taylor Made Designs

Taylor Made Designs (TMD) has been supplying the Attractions, Holiday Park, Zoos and Theme Park mark [more...]
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FEATURED SUPPLIER

Red Raion expands global presence with new Riyadh office
Red Raion, the CGI studio for media-based attractions, has announced the opening of its new office in Riyadh, Saudi Arabia. [more...]
CATALOGUE GALLERY
 

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18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
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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
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
+ More news   
 
COMPANY PROFILES
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
Alterface

Alterface’s Creative Division team is seasoned in concept and ride development, as well as storyte [more...]
Taylor Made Designs

Taylor Made Designs (TMD) has been supplying the Attractions, Holiday Park, Zoos and Theme Park mark [more...]
+ More profiles  
FEATURED SUPPLIER

Red Raion expands global presence with new Riyadh office
Red Raion, the CGI studio for media-based attractions, has announced the opening of its new office in Riyadh, Saudi Arabia. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
23-24 May 2024

European Health Prevention Day

Large Hall of the Chamber of Commerce (Erbprinzenpalais), Wiesbaden, Germany
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

ABOUT LEISURE MEDIA
LEISURE MEDIA MAGAZINES
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LEISURE MEDIA PRODUCT SEARCH
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