1、November 2025UK Hotels Forecast 2025-2026Signals,risks and opportunities shaping prospects for UK hotelsSelective ResilienceContentsUK Hotel Forecast 2025-20262PwC01 Overview 0402 London 0803 UK Regions 1104 UK Historical performance 1405 Methodology 1506 PwC Hotels team 16ForewordFollowing an under

2、whelming first half to 2025,when London hotels in particular lagged our forecast RevPAR,growth in the second half of 2025 appears to be pointing towards a new phase of recovery.After the turbulence of recent years and the remarkable rebound of 202324,2026 is shaping up as a year of measured progress

3、 rather than dramatic swings.Demand remains resilient,driven by international visitors,events,and steady domestic travel.Supply growth in the UK regions is relatively limited,which should provide a degree of pricing power across some markets.Yet this will not be a rising tide for all.Operating cost

4、increases,shifting consumer expectations,and selective new supply hotspots will create winners and losers.Outperformance in 2026 will depend on execution:how effectively hotels adapt their product,capture revenue opportunities and manage costs.This report provides a forward-looking analysis of the U

5、K hotel sector for 2026,drawing on rigorous forecasting,industry interviews,and PwCs market expertise.It is designed for investors,operators,developers,and stakeholders seeking actionable insights and strategic guidance.We hope these insights provide a clear lens on the year ahead and we look forwar

6、d to helping you seize the opportunities that lie within the sector.Nick FrendoTransaction Services,Real Estate&Hospitality Leader-PartnerUK Hotel Forecast 2025-20263PwCUK Hotel Forecast 2025-2026UK Hotel Forecast 2025-20264PwCOverviewLondonLondon revenue per available room(RevPAR)in 2026 is forecas