Luxury hotels crowd into London
Chris Bown
26 Aug 2024
London is seeing a wave of new luxury branded hotels being built and launched – with the market seemingly absorbing the new supply comfortably
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London is seeing a wave of new luxury branded hotels being built and launched – with the market seemingly absorbing the new supply comfortably
Hongkong and Shanghai Hotels (HSH) has reported a strong rebound in its business, declaring 2023 a milestone year. The luxury hotel owner and operator returned to profit, as guests returned following the pandemic. With hotels around the globe, and a major presence in Asia, the group has watched as US, then European, and finally Asian hotels resumed profitable operations.
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Impressive plans to create a luxurious hotel-and-residences scheme in the heart of the UK capital have earnt this development our latest Project of the Week crown.
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