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
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.
The forthcoming Peninsula Istanbul converting historic buildings along the Bosphorus garners our latest Project of the Week title.
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.