A combination of traditional English charm and the modern economy will mean that in 2017 the Cotswolds will a magnet for holidaymakers and purchasers from home and abroad.
This is according to Colliers International, who are predicting that 2017 the UK regional hotels market will be supported by low interest rates and cheap sterling, solid UK trading, acquisitive domestic buyers and an increasing flow of international capital.
Colliers says that the Cotswolds will benefit from these national and international factors – and also from its heritage and location, with one sector specialist at the company involved in brokering 11 sales totalling over £11m in the area in 2016.
Hotels director Peter Brunt is predicting that the market will remain robust and is anticipating further high levels of activity in 2017.
He said: “The last quarter of 2016 saw a noticeable uptick of enquiries from buyers seeking a business in the region including a number of overseas high net worth individuals or corporations seeking investments in Britain.”
Julian Troup, head of UK Hotels Agency at Colliers International, added: “The UK hotel market is a consumer-driven real estate sector so its performance is closely linked to the overall general economy.
“With a few new supply-driven exceptions, the UK regional market will be supported by low interest rates, solid UK trading, acquisitive domestic buyers and an increasing flow of international capital attracted, in part, by cheap sterling.”