Rising Tourism Arrivals Sparks Interest In Hotel Room Investments
Focusing on UK holidaymaker arrivals in Q3 2011
, VisitBritain has forecasted a rise in the number of tourists entering the country in its January 2012 Inbound Tourism Trends Quarterly Report. This upward trend in visitor numbers has sparked a new demand for hotel room investments.
Forecasting tourist numbers to reach 30.7 million in 2012, the UK's leading tourism body has predicted figures in excess of 2011 stats, but stressed that due to this summer's events, figures will be harder to predict.
"2012 is an extremely difficult year to predict due to Britain hosting both the Queen's Diamond Jubilee celebrations and the London 2012 Olympic and Paralympic Games," the report stated.
Furthermore, VisitBritain added that the on-going global economic unrest will contribute to fluctuating tourism figures throughout the year.
"Add to this the exceptional degree of global economic uncertainty that exists at the present time and it is clear that attracting just shy of 31 million visitors during the coming year will be a good outcome," the report continued.
Despite the conservative estimate for inbound tourism in the UK, the report highlighted that Britain welcomed over 1 million more holidaymakers in Nov 2012 than Nov 2008, suggesting that figures have now stabilised and will therefore continue to rise.
Growing numbers of long-haul visitors combined with rising length of stay has helped drive hotel room investments. With many people still feeling the pinch from the global economic crisis, affordable rooms in desirable locations are popular for developers and investors alike.
Breaking down trends in airline seat capacity from non-European origin airports, Asia, Australasia, North America, South Africa and the Middle East has remained stable, with only numbers declining on flights from Africa.
European airline seat capacity has remained strong from the majority of countries, with only Spain and France showing fluctuations in inbound traffic to the UK.
The upward trend in inbound tourism to the UK has sparked a renewed interest from developers looking to expand into
hotel room investments. London, which is widely regarded as Europe's strongest city for private investment in hotels according to BNP Paribas, is a popular location for both tourist and developers, offering investors higher yields than other UK tourism hotspots.
The Holiday Inn Express, London-Excel is an exciting new UK buy-to-let hotel investment in London. The
hotel room investment offers individual investors an excellent opportunity to enter the lucrative hotel sector at an accessible level.
Operated under the Intercontinental Hotels Group, the hotel is located within the Royal Group of Docks in East London which was designated a "Special Enterprise Zone" in 2011. The site of the hotel room investment is about a mile from London's City airport and 5 minutes from London's Excel Centre. The 02 Arena is just minutes away and tourist attractions such as the National Maritime Museum, Greenwich Observatory and also Canary Wharf are easily accessible by public transport.
by: philcy1
The Best Of The Best: Sls Hotel Phoenix Airport Hotel Offering Luxury Hotel Cotswolds: Experience Luxury Stay In Uk Categories Of London Hotels The Best Four Star Hotels In London The Discount Hotels Offer The Best Option To Explore London Locating Hotels In Devon It Is Unlike Experience In The United Kingdom Hotels In Cardiff: Some Great Destinations To Reside How To Make Sumptuousness Borneo Hotel? Enjoy A Mumbai Hotels Booking Experience In Budget Hotel Cheap Hotels In Tenerife That Could Give Visitors That Unforgettable Experience 5 Star Hotels Delhii Hotels In Mumbai Near Airport- Catch Your Flight In Few Seconds