Features
Are London’s economy hotels becoming too expensive?
Hotels in the UK’s capital are having their margins squeezed to the point that economy hotels in some areas of London are almost as expensive as mid scale hotels. Hotel Owner talks to Cristina Balekjian, director of hospitality analytics, UK, CoStar Group about why this is the case and the opportunity for mid-scale hotels to capitalise on this disparity
Data from commercial real-estate data company CoStar has revealed that economy hotels are now more expensive than some midscale hotels in certain areas of London. This trend is a sign of London’s rising affordability challenges.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
