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London: new jewels for the crown

9 min reading time

Published on 08/09/06 - Updated on 17/03/22

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London’s luxury hotel segment is in fine fettle. Its results were boosted by the economic growth of the City and increased leisure tourism.And the regeneration of East London offers new development perspectives for upmarket brands. This is good news in light of the Olympic Games in 2012.

“When the City is well, all is well,” rejoice London’s up market hotel directors. There, perhaps more than anywhere else, the hotel industry is very closely related to the economic activity of the world’s finance, banking and insurance capital. “Growth is steady. Foreign investment– mostly American...

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