2024 is characterised by strong growth in the supply of hotel rooms, with a short-term risk of oversupply. As year-on-year growth is expected to slow from 2025 onwards, it could prove a challenge for hotel operators to fill the additional capacity.
The number of outlets rented out as short-term accommodation has increased since 2019 by over 50%, with further growth expected over the forecast period. The buoyant short-term rental segment is gaining greater political and media attention due to the impact on the wider housing market.
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Understand the latest market trends and future growth opportunities for the Lodging (Destination) industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Lodging (Destination) industry in United Kingdom, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Lodging (Destination)
Lodging (Destination) covers the main types of lodging used by inbound and domestic tourists, providing a destination point of view (also known as point of supply). Lodging value is measured in terms of the price paid for lodging by the consumer and businesses based on total room sales. It does not include food and drinks or any other form of revenue that is not directly related to lodging, such as events and conferences and guest services, such as gym, spa, shop, room service, restaurant and café. Lodging volume is measured in terms of number of outlets and rooms at year end, and room nights as total of the full year.
See All of Our DefinitionsThis report originates from Passport, our Lodging (Destination) research and analysis database.
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