The latest ASAP / Savills sentiment survey has been released, showing that respondents are ‘significantly’ more optimistic for the following 12 months: 23.3% compared to 20.5% in June 2018.

Although there was a slight dip in leisure demand, demand improved from corporate guests, now accounting for a larger share of demand (67.1%).

Highlights include respondents saying they are accelerating plans for expansion, while corporate stays are getting longer. Demand is expected to continue from UK guests and increase from Europe, Asia-Pacific and North America.

ASAP Sentiment Survey – August