London, Edinburgh and Dublin top the list of in-demand hotel locations
London, Edinburgh and Dublin top the list of locations most sought after for hotel openings in the United Kingdom and Ireland, according to Cushman & Wakefield.
The real estate services firm’s annual hotel operator survey saw international and regional hotel operators — all which are active in the U.K. and Irish markets — give their views on sector opportunities and challenges in these geographies. The respondents are responsible for more than 1,300 hotels with more than 220,000 rooms already operating in the United Kingdom and Ireland, with a collective pipeline of 230 proposed hotels comprising more than 37,000 rooms.
The operators were asked to rank their interest regarding demand for space in 20 key markets in the United Kingdom and Ireland. London came out on top, with more than 88 percent of respondents saying they had a very high interest in opening a site in the capital. Edinburgh, Dublin, Oxford and Manchester made up the rest of the top five most in