London’s MICE and sports event sectors will be boosted by a record 7,995 new hotel rooms opening across 65 new hotels in 2020.
Next year the UK capital will host seven matches in the Euro 2020 football championships, including both semi-finals and the final. And major sports business events to be held will include the International Sports Convention at the Tottenham Hotspur Stadium in June.
According to data published by STR, next year’s new hotel and room openings will be added to the 158,956 existing hotel rooms in the city.
London & Partners, the Mayor of London’s promotional agency, said in a statement: “New hotel room openings have soared from 3,222 in 2010 to 7,995 planned for 2020. This means that in ten years [2010-2020], London’s overall hotel room capacity has increased by 41%.
“Total additions to the London hotel market across 2019 and 2020 are expected to reach 121 hotels with 14,840 rooms, a record two-year period for increasing supply of hotel rooms.
“The range of unique and exciting new hotels will provide meetings, events and incentive planners with further choice for accommodation and meetings venues.
“As London continues to attract high levels of leisure and business travellers, hotel operators are catering for all audiences of meetings and events planners.”
Of the 14,840 new hotel rooms opening this year and in 2020, 10% are five-star grade, 31% are four-star and 26% are budget hotels.
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