Liz Hall, head of hospitality and leisure
research at PwC, recently commented on the London luxury hotel market. This year saw
the UK’s largest room supply increase from new developments in the last decade. In London,
the 2012 Games catalysed development on a scale unlikely to be seen again. “Research by PwC shows that nearly 4,000 new
luxury rooms have become available since the successful bid to host the Games was announced
in 2005 and the end of this year; that is a 33% increase. 5 star hotels now account
for around 12% of London’s rooms (some 14,000 rooms) and there are yet more still to come,”
she said. For the complete article, please go to Big4.com