PwC 2014 Hotels Forecast just released

The PwC Hospitality and Leisure Practice ‘Hotels Forecast for 2014’ has just been released and a copy can be found here, in case of interest. 

Their executive bullet point summary of a very comprehensive review of the market is that:

• “We remain cautiously upbeat, but increasingly optimistic, on the outlook for UK hotels

• The Provinces have seen a stronger performance in 2013 and we expect more growth in 2014

• London has experienced a weaker, more volatile performance but we anticipate stronger pricing in 2014 and record RevPAR”