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UK Hotel Property Market Still Busy – Colliers International

Ulyana Chernyak Money Avenue
UK Hotel Property Market Still Busy – Colliers International - UK - hotel - property market


Despite the reports by certain commentators suggesting the market of hotel property in the UK is stagnant, Colliers International claims that the outlook is still positive.



The latest Hotel Snapshot report by Colliers International suggests that the market of hotel property in the UK is still busy. In the past 2 years, the company has sold more than 200 hotels.

Commenting on the figures, Julian Troup, head of UK Hotel Agency, said: "We have been advising many prospective clients over the last few years who initially took the view that they would retain ownership and continue to trade throughout the challenging climate. However, we are now seeing evidence of owners recognising the fact that it will be many years before a boom period returns." He higlighted that there are new buyers on the market. Unemployed people who want to have a business of their own oftentimes choose to run their own guest-house or mini-hotel.

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