Number of hotel businesses in the United Kingdom (UK) 2008-2018

In 2018 the number of hotels and similar accomodation businesses operating in the United Kingdom (UK) reached almost ten thousand. The number of hotels in the UK increased over four consecutive years, following a significant wave of closures from 2008 to 2013. The UK lost 8.5 percent of all hotels in operation from 2008 to 2013, however, four years of growth has seen the number of hotels exceed 9,800 for the first time since 2009.

Accommodation-sharing operating alongside traditional operators

While accommodation sharing services such as Airbnb often take the blame for perceived woes in the hotel industry, the rapid drop-off in hotel numbers shown in this statistic predates any meaningful arrival of Airbnb in the UK. The apparent recovery in the number of hotels comes at a time that Airbnb also enjoys strong patronage, with 223 thousand active listings across the nation hosting approximately 8.4 million guests from July 2017 to July 2018.

London’s status as one of the world’s most popular Airbnb destinations does not appear to have negatively affected hotel occupancy rates in the city, with the growth observed from 2008 to 2018 expected to continue in to 2020.

Optimistic outlook for UK hotels

The short-term outlook for hotels in the UK suggests the industry can expect modest growth to continue into 2020 across several key metrics. Revenue per available room (RevPAR) in London is expected to reach 128 British pounds by 2020, while the equivalent rate for provincial hotels will grow to 55 British pounds. Average daily room rates (ADR) at the national level should reach 73.1 British pounds. This would represent an ADR increase of 6.1 British pounds on the rate seen in 2015.

Number of hotel and similar accommodation businesses in the United Kingdom (UK) from 2008 to 2018

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Source

Release date

November 2019

Region

United Kingdom

Survey time period

2008 to 2018

Supplementary notes

The Annual Business Survey uses a sample of data from 62,000 businesses in the Non-Financial Economy in Great Britain and 11,000 in Northern Ireland to draw estimate totals for the whole business population.

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Statistics on "Hotels in the United Kingdom (UK)"

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