ASAP Business Partner Savills has announced that of the UK’s £2 billion investment in hotels, 55% of this was into hotels in London (£1.1 billion) of which 68% (£756 million) came from international investors.

Investment into the capital has been boosted by a strong tourist market, narrowing yields and a weaker pound.

London assets have proved popular with Asian investors with the most active over Q1 and Q2 originating from Hong Kong, Malaysia and Singapore, and Indian operators also showing a demand.

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