Over £13bn invested in UK hotel industry in ten years | bighospitality.co.uk
More investments are still in the pipeline, with 9,300 more rooms planned for 2014 and 2015 in London and over 14,700 rooms elsewhere in the UK, according to the Institute of Hospitality’s Hospitality Digest 2014. The ten-year period to the end of 2013 was the largest expansion in the industry’s history, with 106,380 new rooms. However, with the closing of over 40,000 rooms, the net addition is in more around 66,000.
