Research
03.02.2025

UK Hotel Market Update 2024

Our 2024 review of the UK hotel sector includes a look at trading performance, demand trends, pipeline and investment.

Key findings:

  • Hotel trading performance improved in 2024, albeit at slower rates, signalling a new norm in terms of both average daily rates and occupancy. 
  • There was a noticeable divergence in performance between hotel scale with Luxury and Upper Upscale performing much stronger than Midscale and Economy.
  • Hotel investment activity was particularly strong in 2024 reaching c.£6.9bn, driven by investor’s appetite for exposure to the hotel sector.

Download the full report below to find out more. 

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