Archive for the Savills Category

London hotel market accounts for 55% of total UK hotel investment

Investment into the London hotel market reached £1.1 billion; 55% of the UK’s overall total of £2 billion, figures from estate agents Savills show. International investment accounted for 68% (£756 million) of investment into London’s hotels. A strong tourist market, narrowing yields and a weaker pound have all boosted investment into the capital. The firm said that net initial yields for prime freehold hotel investments in London are currently between 3.85%-4.25%, compared to the end of 2016 which saw them at 5.13%. London capital values are currently 61.5% higher than at their 2007 peak according to data from Modern Index


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