Hotel Market in te Nort of England


The Jo y of Br e xit


I’m afraid that there’s been no getting away from Brexit in relation to the hotel market in the past year; but it has so far been good news. On the trading side, the fall in the


notable increase in trade in the coastal, city and National Park destinations which are thriving on increased levels of tourism. The weak pound has also been a benefit in terms


..the fall in the value of the pound has led to an increase in ‘staycation’


value of the pound has led to an increase in ‘staycation’ domestic business and makes the UK significantly better value for foreign visitors. This has been a particular benefit in the UK provincial hotel market, with a


of transactions. We are seeing a weight of foreign money moving into the sector, initially in London and the major cities, but spreading into the regions in a much more meaningful way than ever before.


Colliers International | Perspective


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