UKHotelsForecast2016-Growthisintheair-butits-PwC.PDFVIP

September 2015: UK hotels continue to benefit from the improving economic and travel backdrop. So far this year, the pace of growth has been variable in London but dynamic in the Provinces, driving a bumper year in the investment market. In 2016 we forecast more growth but at a slower pace. UK hotels forecast 2016 Growth is in the air But it’s coming down to earth www.pwc.co.uk/hospitality‑leisure Foreword Regional growth helps UK hotels weather the Eurozone storm The mood in this edition of our The mood in this edition of our forecast Russia and Brazil are in recession and forecast is a positive one; but as is a positive one; but as always there are China has been rocked by financial uncertainties looming on the horizon. volatility and a growth slowdown. always there are uncertainties Russia and Brazil in particular have looming on the horizon. Hotels in the Provinces (UK excluding also experienced severe currency London) are enjoying a good year. depreciations, making overseas visits Following on from 10.4% revenue per more costly. available room (RevPAR) growth in 2014 we expect a further 6.3% growth Meanwhile structural shifts in the