UK Hospitality Marketbeat Reports

For the data behind the commentary, download the full Q4 2024 UK Hospitality Report.

UK Hospitality Market 

The UK hospitality sector experienced significant growth in Q4 2024, with notable investments and transactions across various regions. The market saw a substantial increase in hotel room transactions and average prices per room. A total of 87 hotels and 12,833 rooms were transacted, with an average price per room of £139,328. Notably, 67% of the volume was invested in upper upscale hotels, indicating a trend towards high-end hospitality experiences.

Regionally, the United Kingdom saw 327 hotels and 39,117 rooms transacted, marking a volume increase of 182%. London accounted for 67 hotels and 11,298 rooms, with a volume increase of 158%. Regional areas outperformed London, with 259 hotels and 27,819 rooms transacted, reflecting a volume increase of 212%. Edinburgh, Manchester, and Glasgow also showed significant growth, with volume increases of 65%, 146%, and 733%, respectively.

Comparing 2024 to 2023, the market demonstrated robust performance with significant year-over-year growth in hotel transactions and room volumes. The focus on upper upscale hotels and the strong performance of regional markets highlights the evolving trends in the UK hospitality sector.