This site uses web cookies · Read our Policy here
International: (+34) 952 198 657
Open navigation menu

London's Hotel Market Gets Olympic Boost

First name: 


Last name: 


Tel. Number: 

IPIN Disclaimer.

  We never share your data with any third parties.

*Note: IPIN investment opportunities are available subject
to location and certain knowledge / experience criteria.

News by Category


Hotel Investment  London  Paris  Experience International  Madrid  Steven Worboys  Amsterdam  Berlin  Intercontinental Hotels Group  Rome  TRI Hospitality Consulting  Holiday Inn  2012 Olympic Games 

London's Hotel Market Gets Olympic Boost

By - Thursday 24 February 2011

Investors are racing against the clock to invest in London's booming hotel market ahead of the 2012 Olympic Games, it has been claimed.

TRI Hospitality Consulting has reported that the sector is currently outperforming cities such as Paris, Madrid, Rome, Berlin and Amsterdam ahead of the global sporting event, with demand and building work rising.

Indeed, over 500,000 visitors are expected to descend on the capital city for the games, with current hotel accommodation levels unable to meet this demand. As a result, leading hotel brands, such as Intercontinental Hotels Group (IHG), are actively expanding their London portfolios.

Steven Worboys, managing director of Experience International, commented: "IHG, owners of the Holiday Inn brand, are confident of high occupancy levels. Construction has already commenced at the Docklands site with completion due Q1 2012, months before the start of the Games."

Meanwhile, Pricewaterhouse Coppers has predicted a 27 per cent increase in luxury hotel rooms between now and the Olympic Games.

Subscribe to IPIN Live by Email - Get our News & Blog updates delivered directly to your inbox - click here



*This page is provided for information purposes only and should not be construed as offering advice. IPIN is not licensed to give financial advice and all information provided by IPIN regarding real estate should never be treated as specific advice or regulations. This is standard practice with property investment companies as the purchase of property as an investment is not regulated by the UK or other Financial Services Authorities.

«« Back to IPIN Live

Follow IPIN Global

Latest Content

Recent Comments

Powered by Disqus