Repurposing opportunities for London hotels

The hospitality industry has been one of the hardest hit during the pandemic with major cities like London continuing to feel the effects of travel restrictions and lower tourism numbers. While there have been mechanisms in place to support operators these are being wound down. Should developers, operators and investors consider repurposing these London hotel assets? What uses do these assets suit and is there demand to repurpose these London hotel assets?Join Guy Ruddle and guests: Alex Sturgess, director in the hotel capital markets team, Oliver Armitstead, associate director in the hotel capital markets team and Darren Arnold, director in the development land team at Savills, discuss how London hotels have fared over the pandemic and what some of the alternative uses being considered for hotel assets are.