Manchester and Salford to see 20% rise in hotel room supply

The supply and demand of hotels in Manchester and Salford is becoming well-balanced with an additional 2,713 rooms due for delivery in the next two years, according to international real estate advisor Savills. If the full 2018-20 pipeline is delivered, the firm says it will increase total hotel room supply by 20%. The last decade saw a high level of applications for new hotels in Manchester and Salford though the actual delivery of rooms was comparatively restrained until recently, reports Savills, when 874 rooms were added to ... For the full story register now for free or login below...
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