Autumn - it's arrived earlier than expected, but luckily the seasons seem to have no effect on the success of GuestInvest hotel rooms. Demand over the last few months has been such that Nest is now sold out and just a handful of rooms remain at The Chiswell Street Hotel.
The sell-out of Nest demonstrates the accelerated growth of this asset class. With a waiting list for rooms at Nest, demand is outstripping supply. In light of such demand, GuestInvest is actively building a pipeline of hotels to acquire and we hope to be able to announce the next acquisitions very soon.
With 149 rooms sold at Nest in Bayswater,
and only 6 rooms left, this may be your
last chance to secure a room there.
Opportunities are also becoming limited
at The Chiswell Street Hotel with 151
rooms sold.
With the number of visitors to London hitting record levels, the capital is a favourite destination for travellers from all over the world. According to recent research by Visit London, last year saw a record 15.2million overseas visitors flock to London - up 10% in 2005 (Source, Visit Britain).
Having recently been recognised as the hotel capital city of Europe, in terms of occupancy and room rates, London is increasingly being hailed as the new capital of the world. Statistics would seem to support the view that London is indeed the world's favourite marketplace.