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Number of establishments of Luxury hotels in United Kingdom, 2020 - 2027

Industry: Hotels
Current: Other Industry Indicators

The Number of establishments of Luxury hotels in United Kingdom, attained a value of 859 in 2023
The indicator recorded a historical growth (CAGR) of 10% between 2020 to 2023, and is expected to grow by ...
GlobalData projects the indicator to grow ...

Number of establishments of Luxury hotels in United Kingdom, 2020 - 2027

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Hotels and motels in the UK

The hotels & motels industry consists of establishments that provide paid lodging and full guest services, typically with a continuous staff presence. In the case of motels, this includes off-street parking facilities, but not necessarily meal services. The industry is detailed in both value and volume terms. Industry value consists of the total revenue generated by (a) rent that a guest pays for an occupied room and (b) other revenues, including revenue from food and beverages, telecommunications, health and leisure operations, and car rentals.

Impact of COVID-19 on the hotels and motels in the UK

The UK hotels and motels industry experienced moderate growth. As well as causing revenue to decline in the industry, the pandemic has also contributed to the closure of many hotels and motels in the country. The UK is an attractive destination for business tourism. The business visits and events sector are varied in Britain, covering trade fairs, conferences and congresses, outdoor and entertainment events, as well as business tourism. Business tourism also tends to produce higher visitor spending, with many visitors staying in upscale or luxury hotels. The regular hosting of various meetings, conferences, summits, concerts, festivals, cultural and sports events attracts large numbers of tourists and increases the demand for hotels, thereby driving revenue for the industry over the last two years.

Category segment

Room revenue is the largest segment of the hotels & motels industry in the United Kingdom. The Non-room revenue is the second largest segment.

Who are the leading players?

Whitbread plc is the UK’s largest hospitality company, with many hotels and restaurants in operation across the country. The group's hotels operate under the Premier Inn brand within the midscale segment of the industry. The company also operates as a large player within the foodservice industry via brands such as Beefeater, Bar plus Block Steakhouse, Thyme Bar plus Grill, Brewers Fayre and Cookhouse Pub.

Travelodge is a leading player in the UK hotels and motels industry, with many outlets in operation across the UK, Ireland and Spain. The company operates through its single Travelodge brand, focusing on cost efficiency. The company has introduced Super Rooms offering more stylish décor and extra amenities.