The Luxury Travel Magazine
The Luxury Travel Magazine
The hospitality industry is bouncing back in the wake of the pandemic. If you’ve been waiting for an opportunity to start a hotel business of your own, now might be that time.
There’s plenty to consider when getting a business off the ground but perhaps the most obvious question for a hotel is where to place it. If you hope to bring a touch of luxury to your establishment, these are some of the most natural homes for a high-end hotel.
The capital still has the country’s most lucrative hospitality industry. Both business and leisure travellers come from far and wide to frequent many of the city’s fanciest parts. Demand is experiencing a resurgence and further growth is expected.
London’s most exclusive districts, including Kensington, Soho and Mayfair, are home to high-end accommodations with excellent access to attractions. Naturally, it’s expensive to set up a business here but, if you’ve secured the funding to address business considerations like staffing and insurance for your hotel, you’ll rarely be short of guests.
Breathtaking scenery, rich heritage and historic monuments attract millions of visitors to the Highlands every year. In 2019, tourists spent £1.6 billion in this stunning region of Scotland, which is becoming more and more accessible by public and private transport. It’s as popular with UK-based visitors on domestic tourism as it is with those from mainland Europe and beyond.
With the Cairngorms, Loch Ness, Ben Nevis and the North Coast 500 route, the Highlands have got a bit of something for everyone. If you can find the right location, there’s plenty of business to be had up there.
This picturesque region is highly sought-after in both commercial and residential property markets. Quintessential English countryside meets historic villages in what is one of the prime luxury getaways in the UK.
Bourton-on-the-Water and Castle Combe are standout locations for people wanting to escape city life for a weekend or longer. If you always pictured yourself running a hotel with a traditional aesthetic, this could be the spot for you.
The coast of Cornwall boasts some of the most exclusive seaside spots in the UK; the likes of St Ives and Padstow are enduring tourist and property hotspots.
Quaint, charming port life and sandy beaches attract millions of visitors every year. You might have to pay a lot for real estate but you’ll have a steady flow of hotel guests all year round.
England’s largest national park, a UNESCO World Heritage Site, is a fantastic location for your new hotel venture. The Lakes attracted over 18 million tourists in 2022, flocking to its stunning landscapes, hiking trails, water sports and charming country life.
With a wide range of people coming to the area, your hotel could attract any type of tourist from active holidayers to nature enthusiasts.
