Brexit to cloud London hotel scene

London has long held a reputation for being on the cutting edge of culture and this is no less true in the hotel sector, where new concepts often debuted in the capital.

However, pressure from Brexit producing waning investor interest, the lack of suitable sites in London and competition from other sectors such as student housing, the private residential sector and offices has become a key issue for hotel companies and developers, who have taken different routes to growth, including through office conversions.