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in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEET2008IntroductionLondon - New Hotel Room Supply 1989-2013fVisit London and TRI Hospitality Consulting are pleased to presentJanuary’s London Hotel Development Monitor detailing new hotelopenings, development “hot spots” and potential gaps in the capital. In thisissue we examine the London five-star and luxury hotel market.4500400035003000LimitationsInformation covers market facing hotels and excludes B&B’s, studentaccommodation and small hotels under 20 rooms. Purely speculativeopportunities (ie those which are announced but for which no formalplanning applications have been made) are excluded.Average new buildrate 1989-20092500200015001000Notes500089 9091 92 93 94 95 9697 98 99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 10f 11f 12f 13fForecasts do not include rooms that could be built but have yet to confirm completion datesLondon - New Hotel Room Supply by Grade 2010-2013fFrom the London Hotel Development Monitor, an additional 1,868 roomsentered the London hotel market. Since our last quarterly publication, morehotel schemes have been put on hold as the aftermath of the recession hasslowed funding of future hotel development schemes.That said, the development pipeline for 2010 remains robust, with theimminent opening of the Park Plaza Westminster Bridge creating significantaddition to hotel supply in London. Located near Waterloo Station thehotel will comprise over 1,000 bedrooms, a 1,200 square metres ballroomand on-site spa and fitness centre.LuxuryBoutiqueAparthotel5 Star4 Star3 StarBudget/2 Star010002000300040005000RoomsForecasts do not include rooms that could be built but have yet to confirm completion datesJanuary 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEET2008RECENTLY OPENEDHotelLocationBoroughTravelodge FulhamFulhamTravelodge Kingston Development TypeGradeDate OpenedAffiliationBrand ExtensionHammersmith &Fulham74New eWheatfield WayKingston96New eTravelodge BorehamwoodElstree WayBarnet97New eEasy Hotel Heathrow*Brickfield Lane, Hayes UB3 5DXHillingdon55New DevelopmentBudget2009Easy HotelsEasy HotelEclipse HotelsHotel Indigo16 London Street, W2 1HLWestminster64New DevelopmentBoutique2009InterContinental Hotels GroupIndigoInterContinental HotelsBermondsey Square HotelBermondsey Square, SE1Southwark80New DevelopmentBoutique2009Bespoke HotelBespoke HotelIgloo Regeneration/Bespoke HotelsLondon Marriott TwickenhamRugby Road, TwickenhamRichmond156New Development42009MarriottMarriottRFU/MarriottGrange Hotel St Pauls136 - 144A Queen Victoria Street ,EC4City283New Development42009Grange HotelsGrange HotelGrange HotelsLa Suite Executive HotelNottingham Place, W1U 5LTWestminster17New Development32009La SuiteLa SuiteLa SuiteTravelodge Fulham290-302 North End RoadHammersmith &Fulham74New eHoliday Inn -Kingston SouthPortsmouth Rd, Surbiton KT6 5QQKingston116New Development32009InterContinental Hotels GroupHoliday InnHolday InnSanctum Hotel18-20 Warwick StreetWestminster30New DevelopmentLuxury2009IndependentIndependentSoho Estates/Concept VenuesPremier Inn BarkingHighbridge Road, IG11 7BABarking &Dagenham27ExtensionBudget2009WhitbreadPremier InnWhitbreadTravelodge HeathrowHeathrow T1/T3Hounslow307New eGrange Hotel St Pauls136 - 144A Queen Victoria Street ,EC4City117New Development42009Grange HotelsGrange HotelGrange HotelsThe Arch London HotelMontague Mews SouthWestminster83New DevelopmentLuxury2009AB HotelsAB HotelsAB HotelsApex Hotels7-9 Copthall AvenueCity89New Development42009Apex HotelsApex HotelsApex - Opening November 2009London Hotel Nikko34-40 Great Cumberland Place,W1H7TWWestminster23ExtensionLuxury2009JAL hotelsNikko HotelsMontcalm Holdings - Redeveopmentof hotel, was 120 bedrooms, now 143Rafayel HotelFalcon Wharf, BatterseaWandsworth80New Development52009IndependentIndependentIke Latif, Eco hotel developmentTotal 20091868January 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEET2008UNDER CONSTRUCTIONRoomsDevelopment TypeGradeDateDueBrand AffiliationBrand ExtensionWestminster194New Development52010StarwoodWChelsea Bridge WharfWandsworth218New Development42010PestanaPestanaBerkeley Homes/Grupo Pestana - Due March2010Renaissance St Pancras ChambersKing's Cross/St Pancras StationCamden245New Development52010MarriottMarriottMarriott/Manhattan LoftWestminster Bridge RoundaboutWaterlooLambeth1037New Development52010Park PlazaPark PlazaMarlbrayHotel VertaBattersea Heliport, Bridges WharfWandsworth70New DevelopmentBoutique2010Von Essen HotelsVon EssenVon Essen HotelsHayes CentralHayes GoodsyardHillingdon126New Development42010n/an/aHilton Syon Park HotelSyon ParkHounslow155New DevelopmentLuxury2010Hilton InternationalWaldorf AstoriaTravelodge WaterlooSt Georges House, Waterloo Road, SE18UXSouthwark279New eBaltimore WharfCrosshabourTowerHamlets143New Development42010n/an/aBallymoreH10 WaterlooSt Georges Circus, Waterloo Road, SE18RQSouthwark212New Development42010H10 HotelsH10 HotelH10 HotelsHoliday Inn Express, HeathrowShepiston Lane, UB3 1LPHillingdon125Rebrand22010InterContinental HotelsGroupHoliday InnExpressCrimson Hotels - Former Comfort HotelHoliday Inn Express London Stratford196 High Street, E15 2NENewham39Extension22010InterContinental HotelsGroupHoliday InnExpressTLC GroupCostello Palace Hotel364 Seven Sisters Road N4 ostello Palace HotelMetropoleNorthumberland AvenueWestminster350New Development52011CorinthiaConrinthiaCity Inn Tower of London - MarinerHousePepys Street, EC3N 2NUCity609New Development42011City InnCity InnHilton - WembleyWembley StadiumBrent441New Development52011Hilton InternationalHiltonHotelLocationBoroughW HotelSwiss Centre, Leicester SquarePestana Chelsea BridgeDevelopment,Owner,Operator InformationMcAleer & RusheBallymoreAbility Group, HiltonCrown EstateCity InnQuintain Estates/HiltonJanuary 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEET2008UNDER CONSTRUCTION contd.HotelLocationBoroughRoomsDevelopment TypeGradeFour Seasons HeronTower110 BishopsgateCityn/aNew DevelopmentLuxury1 Poyle Road, TW6 3XZPoyle, HeathrowHounslow350New Development4Grange Hotel2-20 South TenterStreetTowerHamlets380New Development5InterContinental HotelQueen AnneChambersWestminster254DateDueBrand AffiliationBrand Extension2011Four SeasonsFour Seasons2011Hilton InternationalHilton2011Grange HotelsGrange HotelInterContinentalNew Development52011InterContinental HotelsGroup2011Bespoke HotelBespoke HotelDevelopment,Owner,Operator InformationHeron Tower, Heron InternationalShiva Hotels/HiltonGlobal GrangeSpledid Hotels/InterContinentalBoutique Bespoke HotelGreenwich MarketGreenwich101New DevelopmentBoutiqueThe Quadrant, RegentStreetCafé RoyalWestminster160New Development52012Alrov HotelAlrov HotelCrown EstateLondon Bridge TowerLondon BridgeSouthwark195New Development52012Shangri-La HotelsShangri-LaTeighmore Ltd, Shard DevelopmentDorchester CollectionDorchesterCollectionDorchester CollectionBespoke HotelsFormer Playboy Club &Casino45 Park LaneWestminster50New DevelopmentLuxuryHotelBlackfriars RoadSouthwark300New Developmentn/a2012n/an/aMcAleer & Rushe LtdHotelBlackfriars RoadSouthwark177New Developmentn/a2012n/an/aMcAleer & Rushe LtdBerners HotelBerners Street, W1A3BEWestminster153Redevelopment4on holdJJW Hotels & ResortsJJW HotelsJJW Hotels & ResortsCitibank HouseStrand/AldwychWestminster245New Development5on Hold3982012Development bought by BBVAJanuary 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEET2008PROBABLEHotels with planning permission that are likely to be constructedHotelLocationBoroughRoomsDevelopment TypeGradeDate DueBrand AffiliationBrand andie Hotel163-169 Knightsbridge, SW7 1DWWestminster178Demolition andredevelopmentn/a2010n/an/aK007 DevelopmentsYeoman House57-63 Croydon Road, SE20 7TSBromley89New Developmentn/a2011n/an/aPenge PartnersTravelodge Finsbury ParkIseldon RoadIslington90New eHoliday Inn Express Earls Court295 North End RoadHammersmith &Fulham50Extension22011InterContinental HotelsGroupHoliday Inn ExpressSomerston Hotel GroupHoliday Inn ExpressCrimson Hotelsn/aNottingdaleHoliday Inn Express, HeathrowNotting Hill VillageShepiston Lane, UB3 1LPFreston RoadHillingdonKensington & Chelsea17545New Development22011InterContinental HotelsGroupNew DevelopmentBoutique2011n/aWood WharfCanary WharfTower Hamlets120New Developmentn/a2011n/an/aBritish Waterways/Canary WharfGroupClaridge's Hotel30 Old Burlington eQuinlan/MaybourneSheraton Belgravia20 Chesham Place, SW1X 8HQKensington & Chelsea31Extension42011StarwoodSheratonHarilela GroupTravelodge HarrowSt Annes RoadHarrow114New eEuro Traveller HotelScanmoor House, 56-60 Northolt RdHarrow40New Development32011Euro Traveller HotelEuro Traveller HotelEuro Traveller Hotel GroupNorthfolk House Hotel2 Dunheved Road SouthCroydon69Extension22011Euro Hotels Ltdn/aEuro Hotels LtdForest Gate Hotel105 Godwin Road, E7 OLWNewham17Extension22011Independentn/aForest Gate HotelBroadway104 Broadway, E15 1NGNewham59New Development22011Independentn/aSilver Mascot Limited, Buckley GrayYeomanHyde Park Premier London14-16 Craven Hill, W2 3DUWestminster9Extension32011Independentn/aAshurst International LtdSouthwark Rose Hotel/AllSeasons43-47 Southwark Bridge, SE1 9HHSouthwark21Extension32011AccorAll SeasonsHotel to be rebranded as an AllSeasons run by AccorFirmdale Ham Yard HotelHam Yard site near Regents StreetWestminster100New Development52011Firmdale HotelsFirmdaleFirmdaleQueens Hotel122 Church RoadCroydon25Extension32011Euro hotels Ltdn/aEuro Hotels LtdPremier Inn Orbit HouseOrbit House, Ritz Parade, Hangar Lane W53RAEaling171New DevelopmentHotel2012WhitbreadPremier InnRyhill Properties Ltd, Whitbread PlcGuiness Site PhoenixPark Royal Brewery, NW10 7Brent150New Development42012n/an/aLondon & Regional PropertiesGreat Northern HotelKings Trinity Square10 Trinity Square, EC3N 4AACity121New Development52012n/an/aThomas EnterprisesOval Cricket GroundKennington, SE11 5SSLambeth168New Development42012Arora HotelsArora HotelSurrey CC/Arora HotelsExCelRoyal Victoria Dock, E16 1XLNewham280New Developmentn/a2012n/an/aLondon International ExhibitionCompany PLcTrocaderoShatesbury AvenueWestminster495New Development22012n/an/aCriterion CapitalJanuary 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEET2008PROBABLE contd.Hotels with planning permission that are likely to be constructedHotelLocationBoroughRoomsDevelopment TypeGradeDateDueBrand AffiliationBrand hester Sq Fire Station1 Chiltern StreetWestminster33New DevelopmentLuxury2012Andre Balazs HotelsAndre BalazsHotelsAndre BalazsPremier Inn Sealand RoadTerminal 4, Sealand RoadSpelthorne240New DevelopmentBudget2012WhitbreadPremier InnArora DevelopmentsChiswick MoranLand to the Rear of Chiswick Moran Hotel, 3-7 Power Road,Chiswick W4 hiswick Moran Hotels LtdMalcolm House & FultonHouseFulton Road, Wembley HA9 0TFBrent262New Development42012Summit HotelsSummitQuintain Estates and SummitHotels LtdYacht HotelExcel Centre DockNewham153New Development52012Sunborn Hotels LtdYacht HotelSunborn Hotels LtdAquiva HotelMarsh Wall, Thames Quay, E14Tower Hamlets180New Development52012Aquivan/aAquiva LimitedThe Yorkshire Grey Pub335-337 High Street, E15 2TFNewham80New Developmentn/a2012n/an/aSynthesis ArchitectsTravelodge Ealing77 Uxbridge Road, W55STEaling99New DevelopmentBudget2012TravelodgeTravelodgeStevens Properties Ltd &TravelodgeTravelodge Covent GardenDrury LaneCamden249New ePeveril Securities LtdFormer General lying InnHospYork Road, SE1 7NJLambeth234New DevelopmentBudget2012WhitbreadPremier InnFormer Twyford TipNorth Circular Road, NW10 7UBrent200New Development42013n/an/aAsiansky Television LtdNew Roman HouseEast Road, N1 6ADHackney230New DevelopmentBudget2013WhitbreadPremier InnRocket Investments, WhitbreadEtap HotelHighbridge Road, IG11 7BABarking &Dagenham26ExtensionBudgetn/aAccorEtapAccorKarma House575 North End Road, WembleyBrent120New Development3n/an/an/aZED HomesDrayton CourtThe Avenue, West Ealing, W13 8PHEaling27New Developmentn/an/an/an/aCliff Walsingham & Co228 Tunnel Avenue228 Tunnel Avenue SE10 OPLGreenwich23New Developmentn/an/an/an/aCameo Property DevelopmentsN/AWoolwich Trade Park Pettman CrescentGreenwich121New Developmentn/an/an/an/aHalladale Group/Tilfen Land25 Greenwich High Road25 Greenwich High RoadGreenwich105New Developmentn/an/an/an/aMagic Homes/ City & SuburbanTalgarth Hotel1-7 Talgarth Road, W14 9DBHammersmith l OliverHilton Heathrow T4*HeathrowHillingdon245Extension4n/aHilton InternationalHiltonHilton InternationalRadisson /aRadisson EdwardianRadissonEdwardianRadisson EdwardianHayes Gate HouseUxbridge Road, Hayes, UB4Hillingdon184New Development4n/an/an/aHayes Gates House LtdHouslow Town CentreHounslow High StreetHounslow136New DevelopmentBudgetn/an/an/aApollo Interntional/BlenheimN/ASkerne Road, KT2Kingston180New Development4n/aN/AN/ANHP DevelopmentsWah Kwong House10 Albert Embankment, SE1 7SPLambeth102New DevelopmentAparthoteln/an/an/aG & G PropertiesJanuary 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEET2008PROBABLE contd.Hotels with planning permission that are likely to be constructedHotelLocationBoroughRoomsDevelopment TypeGradeDate DueBrand AffiliationBrand ton House20 Albert EmbankmentLondonSE1 7TJLambeth167New DevelopmentAparthoteln/an/an/aNewlands Enterprises LtdRamada Docklands2 Festoon Way, E16 1RHNewham80Extensionn/an/aRamada JarvisRamadaLanos Hotel Company153-157 Tower Bridge Road153-157 Tower Bridge Road, SE1 3LSSouthwark137New DevelopmentAparthoteln/an/an/aSunlight Projects261-267 Commercial Road261-267 Commercial Road, E1 2BTTower Hamlets130New Developmentn/an/an/an/aSleeptexBattersea ReachGargoyle Wharf, York RoadWandsworth150New Development4n/an/an/aSt GeorgeRitz Hotel22 Arlington dentRitzIndescon Court20 MillharbourTower Hamlets108New Development4n/an/an/aMillharbour DevelopmentsThe Pride13 Westferry Road, E14 8JHTower Hamlets203New Developmentn/an/an/an/aGlenkerrin UKThe Walpole Hotel403-407 New Cross Road, SE14 6LALewisham78New Developmentn/an/aIndependentn/aJoseph GrehanHotel5-9 Great Newport Street, WC2H 7JAWestminster61New Developmentn/an/an/an/aConsolidated Developments LtdHoward HotelArundel Great Court, Surrey Street, WC22NEWestminstern/aNew Development5n/an/an/aLend LeaseKensington Close HotelWright's Lane, W8 5SPKensington &Chelsea172Extension3n/an/an/a-Baptist Society HQ2-6 Southampton Row, High Holborn, WC1BCamden84New Development5on holdn/an/aKingsgate London PropertiesPremier Inn Somerton House141 Euston Road, NW1 2AUCamden57ExtensionBudgeton holdWhitbreadPremier InnWhitbreadThree Quays HouseTower Hill, Lower Thames StreetCity78New DevelopmentServicedApartmentson holdCheval GroupCheval ApartmentsCheval GroupApex Temple Court Hotel1-3 Serjeants InnCity185New Development4on holdApex HotelsApexApex HotelsTo be ConfirmedHeathrow Park Thistle Hotel Bath RoadLongfordHillingdon353New DevelopmentBudgeton holdn/an/aOwned by GoumanGuomanHeathrow Park Thistle Hotel Bath RoadLongfordHillingdon250New Development4on holdGuomanGuomanGuomanRiva HotelAirport Bowl Bath Road HeathrowHillingdon560New Development5on holdn/an/aRiva PropertiesJanuary 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEET2008PROBABLE contd.Hotels with planning permission that are likely to be constructedHotelLocationBoroughRoomsDevelopment TypeGradeDate DueBrand AffiliationBrand ier Inn Ealing22-24 Uxbridge Road, W5 2BUEaling165New DevelopmentBudgeton holdWhitbreadPremier InnViper Ltd & WhitbreadWestminster Bridge Road118-120 Westminster Bridge Road, SE17QDLambeth74New DevelopmentBudgeton holdEasy HotelsEasy HotelYauari Limited, Easy HotelsComfort Harrow2-12 Northwick Park HotelHarrow34Extension3on holdChoice HotelsComfort HotelGrangebrook Limited, Choice HotelsApart Hotel9 Nicoll Road, 14 High StreetBrent120New Development4on holdn/an/aHallmark EstatesTOTAL9675January 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEETPOSSIBLEHotel2008Hotels with planning permission that may be constructed, or hotels likely to gain permission & subsequently builtBoroughRoomsDevelopment TypeJurys Inn Islington60 Pentonville RoadIslington165Extension32011Jurys InnJurys InnJurys Inn ExtensionElephant & CastleWalworth High StreetSouthwark150New Developmentn/a2011n/an/aOakmayne PropertiesTravelodge Ealing77 Unbridge Road, W5 5STEaling99New DevelopmentBudget2012TravelodgeTravelodgeStevens Property Limited &Travelodge Hotels LtdDeals Gateway6-42 Backheath Road SE10 8EFGreenwich90New Developmentn/a2012n/an/aSt James Homes LtdArt'otel HoxtonOld Street, Rivington Street, GreatEastern StreetHackney350New Development42012Park PlazaArt'otelSquire & Partners, ParkPlazaTravelodge HarrowSignal HouseHarrow105New DevelopmentBudget2012TravelodgeTravelodgeCommerce Properties Ltd &TravelodgeBeetham TowerBlackfriars Road/Stamford StreetSouthwark261New Development52012Jumeirah HotelsJumeirahBeetham/JumeirahBritish Gas Land - HotelWinsor Terrace, E6 6LDNewhamn/aNew Developmentn/a2013n/an/aNational Grid PropertyHoldingsCity Road Hotel151 City Road, EC1V 1JHHackney247New Developmentn/a2014n/an/aSoneva PropertiesStratford CityStratford Rail LandsNewham2000New Developmentn/a2020n/an/aWestfield GroupColindale HospitalColindale Avenue, NW9 5HGBarnet305New DevelopmentAparthoteln/an/an/aFairview New HomesShubette HouseOlympic Way, WembleyBrent225New Development3n/an/an/aFleming Developments23-27 Euston Road23-27 Euston RoadCamden41New Developmentn/an/aCalifornia HotelsCalifornia HotelCalifornia HotelsKings Cross Central - SouthKings Cross CentralCamden200New Developmentn/an/an/an/aArgentKings Cross Central - NorthKings Cross CentralCamden200New Developmentn/an/an/an/aArgentLords Cricket GroundSt Johns Wood RoadCamdenn/aNew Developmentn/an/an/an/aMarylebone Cricket ClubMermaid TheatrePuddledock, BlackfriarsCityn/aNew DevelopmentLuxuryn/an/an/aHeatherfieldAerodrome ClassicPurley tmead BusinessGroup/Century CasinosCane Hill HospitalCane Hill Hospital, Coulsdon CR5 3YLCroydonn/aNew Developmentn/an/an/an/aHomes & CommunitiesAgencyTravelodge EpsomThe ParadeEpsom85New Woolwich ArsenalRoyal ArsenalGreenwich120New Developmentn/an/an/an/aBerkeley Group/GeminexWoolwich TrianglePowis StreetGreenwichGreenwich PeninsulaMillennium Dome, GreenwichGreenwichBishop's Place233 Shoreditch High StreetHackneyGradeDate DueBrand AffiliationBrand ExtensionDevelopment,Owner,Operator InformationLocationNew DevelopmentBudgetn/an/an/aWilson BowdenDevelopments350New Developmentn/an/an/an/aAnschutz Entertainmentn/aNew Developmentn/an/an/an/aHammeson Plc94January 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEETPOSSIBLE contd.2008Hotels with planning permission that are likely to be constructed, or hotels likely to gain permission & subsequently Date DueBrand AffiliationBrand ExtensionDevelopment,Owner,Operator InformationIbis, West Brompton47 Lillie Rd, SW6 1UDHammersmith &Fulham260Extension2n/aAccorIbisAccorShepherds Bush GreenShepherds Bush GreenHammersmith &Fulham240New Development4n/an/an/aChelsfieldMargaret Cassidy House485 Bath RoadHillingdon127New Developmentn/an/an/an/aSkyport EnterpriseCarlton Properties LtdHotel DevelopmentAlfa Laval Site, Great West RoadHounslow200New Developmentn/an/an/an/aBedfont LakesBedfont Lakes, Clockhouse LaneHounslow400New Developmentn/an/an/an/aMEPCGreat West RoadKershaw House, 447 Great West Road, HounslowHounslow206New DevelopmentBudgetn/an/an/aRedgate Properties Ltd/Holiday Inn Express1071 sealand road1071 sealand roadHounslow300New Developmentn/an/an/an/aArora InternationalBravington's & AlbionRailway YardPentonville RoadIslington266New Developmentn/an/an/an/an/a129-131 Fonthill Road129-131 Fonthill Road, N4 3HHIslington60New Developmentn/an/an/an/aDawnelia PropertiesN/A12 Kingston Road, Surbiton KT5 9NUKingston142New Development4n/aN/AN/ACNM EstatesRoyal StreetLand North and South Of Royal Street Including 10 RoyalStreet, LondonLambethn/aNew Developmentn/an/an/an/aGuys And St Thomas'CharityLewisham Gateway ProjectLewisham High Street, SE13 5AFLewishamn/aNew Developmentn/an/an/an/aLondon Borough ofLewisham, LondonDevelopment AgencySilvertown QuaysMill Road, Silvertown Docks, E16 2BENewhamn/aNew Developmentn/an/an/an/aGalliard Homes, GenesisHousing Group, SeapointDevelopmentSt Olave Grammer SchoolPotters FieldSouthwark54New ey HomesHoliday Inn Express,BanksideBear Lane/Great Suffolk Street, SE1Southwarkn/aNew Developmentn/an/an/an/aSplendid HotelsMiddlesex StreetMiddlesex Street, E1 7DATower Hamlets343New Developmentn/an/an/an/aThe Cromlech Property CoLtdGoulston Street3-11 Goulston Street, E1 7TPTower Hamlets272New Developmentn/an/an/an/aFreshwater Group ofCompaniesBattersea Power StationBattersea Power StationWandsworth300New Development4n/an/an/aTreasury HoldingsWoburn House155-157 Falcon Road SW11 2PDWandsworth132New Developmentn/an/an/an/aOak Trading CoIn & Out ClubPicadilly, LondonWestminster101New Development5n/an/an/aBuckingham SecuritiesJolly St Ermins, CaxtonStreetCaxton Street, SW1H 0QWWestminster78Extension4n/aNH Hotels GroupNH HotelJolly HotelsJanuary 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEETPOSSIBLE contd.2008Hotels with planning permission that are likely to be constructed, or hotels likely to gain permission & subsequently builtHotelLocationBoroughRoomsDevelopment TypeGradeDate DueBrand AffiliationBrand ExtensionDevelopment,Owner,Operator Information97-99 Charing Cross RoadOld Compton Street/MoorStreetWestminster35New Developmentn/an/an/an/aConsolidated PropertyBow Street Magistrates CourtCovent GardenWestminster86New Development5n/an/an/aEdward HoldingsChelsea BarracksChelsea Bridge RoadWestminster108New DevelopmentLuxuryn/an/an/aDefence EstatesBrowns Hotel25 Dover Street, W1S 4LXWestminstern/aExtension5n/aRF CollectionRocco Forte HotelRocco ForteHotel Bayswater Road117-122 Bayswater Road,W2 3JHWestminster56New Developmentn/an/an/an/aOrchadia LtdRamsey CloseRamsey Close, NW9 7DWBarnetn/aNew Developmentn/aon holdn/an/aBarratt Ltd, MetropolitanHousing TrustLumina ParkGreat Cambridge Road, EN11SBEnfield132New Developmentn/aon holdn/an/aFrontier Key (Enfield) LtdGillette Corner, Great WestRoadBrentford, TW7 5NPHounslow505New Development5on holdBonnington Hotelsn/aBonnington GroupWaterloo Road157 Waterloo Road, SE18XALambeth278New Developmentn/aon holdn/an/aHotel19 Woolwich ManorNewham50New Developmentn/aon holdn/an/aGuardian EstatesColumbus Tower2 Hethsmere Road, WestIndia QuayTower Hamlets192New Development5on holdn/an/aCommercial Estates GroupOdeon West EndDevelopment40 Leicester Square, WC2H7LPWestminster240New Development4on holdn/an/aThe Leicester Square GroupTOTAL10291January 2010

in partnership withLONDON HOTEL DEVELOPMENTMONITORFACT SHEETLondon – Potential Hotel Room Supply by BoroughWands wor t h2008London - New Hotel Room Supply by Category 2010-2013fPossibleSpel t hor neLewi s hamProbableHac kneyHar i ngeyUnderConstructionB r entWest mi ns t erHi l l i ngdon01000Hounsl ow200030004000500060007000RoomsSout hwar kCi t yForecasts do not include rooms that could be built but have yet to confirm completion datesLambet hT ower Haml et sLondon Hotel Development Monitor is published every quarter during July, October, January & April. It provides anoverview of the likely hotel developments across LondonNewhamCamdenDisclaimerVisit London and TRI Hospitality Consulting use a wide range of information and data sourced from third partysuppliers when compiling the Hotel Development Monitor and cannot be held responsible for the accuracy ortimeliness of this information and dataK i ngs t onHammer s mi t h and Ful hamWands wor t hVisit London and TRI Hospitality Consulting will not be liable for any losses suffered or liabilities incurred by a party asa result of that party replying in any way on the information contained in this publicationE al i ngI sl i ngt onVisit LondonVisit London is the official visitor organisation for London. It is partly funded by private sector partners, the Mayor’sLondon Development Agency and London CouncilsHar r owGr eenwi c hB r oml eyTRI Hospitality ConsultingTRI Hospitality Consulting offers expert advisory services specific to the hotel sector in the UK and abroad.Cr oydonK ensi ngt on & Chel s eaVISITI LONDON CONTACT DETAILSB ar k i ng & Dagenham05001000150020002500RoomsForecasts include development categorised as “Under Construction” and“Probable” from the monitor database.TRI Hospitality Consulting, 88 Baker Street, W1U 6TQ 44 (0) 207 486 5191www.trihc.comKey Contacts:David Bailey – [email protected] Badola – [email protected] partnership withJanuary 2010

LONDON HOTEL DEVELOPMENT MONITORMARKET INSIGHTin partnership withFACT SHEET2008The London Five-Star and Luxury Hotel MarketFuture five-star and luxury hotel development in London is strong. From our latestmonitor of statistics, in the period 2010 to 2013, 35 per cent of forecasted roomsupply in London will be in the five-star/luxury sector, giving a potential pipeline ofover 5,000 bedrooms.In this issue of the London Hotel Development Monitor we examine the five-star andluxury hotel market, providing some explanation into why five-star/luxury hoteldevelopment appears to be so popular with potential investors.Central and West London Key Hotspot AreasDavid Bailey, Deputy Managing Director of TRI Hospitality Consulting comments“The combination of world famous historic tourist attractions, renowned high-endlocations such as Mayfair and Park Lane and the manifold of businesses makeWestminster an extremely attractive location for upscale hotel development.Unsurprisingly, much of the existing supply of high-end hotels is concentrated inthis area”.From the London Hotel Development Monitor it is also noticeable that that there aresignificantly fewer rooms forecasted to enter the market in the mid-market (ie threestar) sector. Why is this so?“Put simply, the cost of land and development in London, particularly in West andCentral London, is high, which means that when developers/investors seeking theoptimal returns on a potential development scheme, the potential revenues andprofits generated by a five-star or luxury hotel can make it a more attractivedevelopment proposition” said Bailey.Future Five-Star/Luxury London H otel Supply by London Borough1400London Five-Star/Luxury 2009 Hotel Market PerformancevTotal London Full-Service 2009 Hotel Market rFull-ServiceVariance400Rooms Revenue Performance Indicators200Occupancy%77.380.3-3.0 ptsAverage Room Rate 198.29110.8278.9 %Room Revenue Yield (Rooms RevPAR) 153.3589.0471.8 %Food & Beverage Revenues (PAR) 73.6731.92130.8 %Leisure Revenues (PAR) 4.401.19269.7 %Minor Operated Departmental Revenues (PAR)Total Revenues Per Available Room(TrevPAR)Cost Structures (% of Total Revenue)%10.864.83124.8 % 242.28126.9898.1 %Cost of Sales%7.36.11.2 ptsDirect Expenses%21.923.1-1.2 ptsPayroll%27.024.62.4 ptsUndistributed Operating Expenses%19.219.40.2 HamletsWestminster0*Note: The above pipeline statistics are from this issue of the London Hotel Development Monitor, and projects could be put onhold, or added to, further in time.Future five-star and luxury hotel development is concentrated in The City and WestLondon. Westminster is a key hotspot for these developments, which is not surprisinggiven the area’s appeal as an established international centre for both business visitorsand tourists. It is estimated that 95 per cent of all visitors to London spend time inWestminster, and its easy access to a plethora of attractions and world class retailamenities ensures its status as London’s primary tourism hub.Other Departmental RevenuesSource:databaseJanuary 2010

LONDON HOTEL DEVELOPMENT MONITORMARKET INSIGHTin partnership withFACT SHEET2008Market evidence supports this view and is highlighted by our exclusive data derived fromwhere, on average, the London five-star/luxury hotel market achievesa significant TrevPAR (total revenue per available room) premium over full-service market averages. Furthermore, in 2009, five-star hotels profitability, or GOPPAR (grossoperating profit per available room) performance, was just over 80 per cent higher than the London full-service market average. This illustrates that operators of fivestar/luxury properties are able to obtain relatively similar cost ratios (as a proportion of total revenue) compared to their three and four-star counterparts.“What the statistics also show is that even in a recession year, there is still high demand for high-scale hotel product in London, befitting its po

Euro Traveller Hotel Scanmoor House, 56-60 Northolt Rd Harrow 40 New Development 3 2011 Euro Traveller Hotel Euro Traveller Hotel Euro Traveller Hotel Group Northfolk House Hotel 2 Dunheved Road South Croydo