New Launch of Holiday Inn Royal Albert Dock Hotel Room Investment
London has become as one of the world’s most popular destinations for both business and tourism. In official 2011 figures released by Visit London’s website, holiday visitors to the city have increased by 4.5% in Q1, while visitors on business have risen by 7.2% when compared to figures from 2010.
What’s more, the latest Q1 provisional figures from the International Passenger Survey reveals a substantial 5.2% rise in arrivals to London in comparison with figures from the same time in 2010.
With increasing numbers of overseas visitors staying in the capital city, the demand for hotel rooms has increased rapidly which has resulted in a surge in London hotel room investment.
According to a survey conducted by Pricewaterhouse Coopers (PWC), London hotel occupancy levels are set reach 92% in 2012, with revenue per room predicted to grow 40.3%.
The PWC report also revealed that the rising demand for London hotel rooms is not just because of the 2012 Olympic Games, but down to the growing numbers of tourists visiting the capital city each year.
Due to the capital’s flourishing tourism industry, hotel property investment has emerged as a popular option for investors as it offers a hands-off way to enter the UK buy to let property market.
With the targeted completion date of Q1 2013, Holiday Inn Royal Albert Dock Hotel is an excellent opportunity for investors to enter in the London hotel property investment market.
With an October 2011 official launch date, Experience International is offering this lucrative hotel property investment to investors. The London-based firm has tipped the hotel room investment as one to watch, due to its reduced launch price and potential capital growth.
“We’re pleased to offer rooms at the Royal Albert Dock Hotel substantially below the RICS valuation,” Steven Worboys, MD of Experience International comments.
“A recent RICS valuation valued the rooms at 161,000 however the launch price for these units is just 125,000. The rooms are purchased on a leasehold basis similar to an apartment with a lease of 199 years,” Worboys continues.
This is an attractive investment for people looking to enter the UK buy to let property market, as the developer offering the hotel room investment has agreed to pay the VAT for investors, saving the investor a capital outlay of 25,000. The buyer agrees to reclaim the VAT and repay the developer – a VAT consultant will assist the investor with this.
This hassle-free UK buy to let investment at the Holiday Inn Royal Albert Dock Hotel will be operated under the Holiday Inn Express Brand, which is one of the seven brands of Intercontinental Hotels Group.
For more information regarding London hotel room investment, please contact Experience International on 0207 321 5858 or email enquiries@experience-international.co.uk.
Before you invest, please contact a member of the Experience International team for availability information.. This article, New Launch of Holiday Inn Royal Albert Dock Hotel Room Investment is released under a creative commons attribution license.
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