GVA report on Heathrow’s third runway and the opportunity for the hotel sector


 

Since opening, Heathrow Airport has grown to be one of the world’s largest handling over 76 million passengers each year. Proponents of a third runway at Heathrow have long argued that, without the expansion, the Airport will lose out to its European and Global rivals and the central importance this has to the UK’s economy.

The principal interest of the hotel community has always been whether or not the third runway will go ahead and what demand would this generate for new hotels? It is important to remember that, in addition to generating increased demand for hotels, an expansion to Heathrow would have a major impact on existing hotels around the airport, a number of which sit within the area ear-marked for construction and may be subject to demolition.

 

Download full Sept 2018 report

https://www.gva.co.uk/media/45817/heathrows-third-runway-and-the-opportunity-for-the-hotel-sector.pdf