The Observatory
City Hotels
Gateway and capital-city luxury hospitality, the most institutionally traded segment.
Defining Characteristics
- ·Trophy address premium
- ·Diversified demand mix
- ·MICE and F&B contribution material
- ·Tight planning constraints
Key Metrics
£1,078
London Prime RevPAR
+7.4% YoY
3.2%
Prime Cap Rate
London
58%
Cross-Border Share
of volume
Outlook
Trophy scarcity sustains pricing; secondary city luxury increasingly priced off branded residences economics.