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

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 MARKETRECENT 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 MARKETTHIS 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