Conference News Supplements London Supplement | Page 8

8
London
London
leading
the pack
Research released in the final quarter
of 2018 shows that the UK capital will
outpace its international rivals
ondon’s MICE offering has received a
further boost with the news that a
significant number of new hotels and
venues are set to open in the capital
over the next few years, says London &
Partners.
According to findings from a report released in
the last quarter of 2018 monitoring hotel
capacity across European cities, London is set
to add 11,600 rooms to its hotel market by
2020, providing meeting and event planners
with an even greater choice of accommodation
and meetings options.
Further analysis from the 2018 London Hotel
Development Monitor Report published by JLL
and London & Partners, shows that the growth
of the capital’s hotel market is set to outpace a
number of major European cities by 2020,
including Paris, Berlin, Lisbon and Milan.
As London continues to attract high levels of
business and leisure visitors, hotel operators
are showing a strong appetite for increasing
hotel capacity across the city, with an 8% uplift
predicted by 2020. This growth will provide
international MICE buyers with innovative
options across a range of price brackets, with
the research predicting increases for both
high-end and economy hotels in London.
The report also highlights the growth of the
lifestyle hotel market segment or those that
place an emphasis on design, art and the latest
technology features. Hotel brands of this kind in
London include: CitizenM, Soho House,
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