UK Hotel Market 2024-2030

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    UK HOTEL MARKET

     

    INTRODUCTION

     

     The hotel industry in the UK is defined by contrasts, with well-known 5-star and luxury properties coexisting with significant national budget brands. While they are not exclusive to the capital city, London is the location where the upper and luxury categories are most prevalent due to the city’s strong visitor traffic and economic prosperity, which creates a larger market for deluxe and first-class hotels.In the meanwhile, there are limited service hotel brands all around the nation, like Premier Inn and Travelodge.

     

    UK HOTEL MARKET SIZE AND FORECAST

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    The UK hotel market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

     

    UK HOTEL MARKET RECENT DEVELOPMENT

     

    In the UK, Wyndham and Roadchef are launching the first Super 8 hotel. Situated on the M56 highway, the 41-room hotel provides easy access for road travellers visiting Cheshire, Greater Manchester, and North Wales regions of the United Kingdom. The renovation is a part of Roadchef’s wider multi-million dollar investment as it seeks to modernise its roadside hotels throughout the UK to better serve visitors’ requirements.

     

    The ultimate objective is to completely change how people think about road trips and hotel stays. Convenience, comfort, and affordability are sought after by both business and leisure visitors, and they think hoteliers must adapt to these contemporary clients and their changing needs.

     

    A variety of modern rooms catering to families, parties, couples, and individuals will be available at the hotel. In addition to regular double, twin, and king guest rooms, there will be two-bedroom accommodations featuring lounge areas and king bedrooms. In addition, the hotel will feature a chic restaurant and bar, the newest technology in rooms, and free, on-site EV charging stations that let visitors charge their cars all night long.

     

    Super 8 by Wyndham Chester East is a dependable roadside companion to meet the demands of any traveller, whether it’s for a quick stay, a business trip, or a weekend getaway with friends. Super 8 by Wyndham Chester East will provide a range of accommodations with the goal of reducing noise and maximising comfort, giving visitors a feeling of home away from home.

     

    UK HOTEL MARKET THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

     

    1. How many hotels are manufactured per annum in the UK? Who are the sub-component suppliers in different regions?
    2. Cost breakup of a UK hotel and key vendor selection criteria
    3. Where is the hotel manufactured? What is the average margin per unit?
    4. Market share of UK hotel market manufacturers and their upcoming products
    5. Cost advantage for OEMs who manufacture UK hotel in-house
    6. key predictions for next 5 years in UK hotel market
    7. Average B-2-B hotel market price in all segments
    8. Latest trends in hotel market, by every market segment
    9. The market size (both volume and value) of the hotel market in 2024-2030 and every year in between?
    10. Production breakup of hotel market, by suppliers and their OEM relationship

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2024-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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