Hotel Supply
The Gatwick area of Surrey has a total of 11 hotels with over 1,000 rooms. The majority are 3 and 4 star hotels — almost 75% of all rooms. There are currently no budget hotels in the Surrey Gatwick area. However, brands like Holiday Inn, Moat House, Thistle and Renaissance are represented with 3 and 4 star hotels. The principal location for hotels here is Horley.
Surrey Gatwick Hotel Supply — by Standard — 2004
| Standard |
Estabs |
Rooms |
% of Rooms |
Av. Size of Hotel (Rooms) |
| 4 star |
3 |
568 |
54 |
189 |
| 3 star |
4 |
313 |
30 |
78 |
| 2 star |
- |
- |
- |
|
| Budget |
- |
- |
- |
|
| Non-inspected — 2/3 star/ Budget equivalent |
1 |
73 |
7 |
73 |
| Diamond Rated/ Lower Grade Non-inspected |
3 |
91 |
9 |
30 |
| Total Supply |
11 |
1045 |
100.0 |
|
Surrey Gatwick Hotels — 2004
| Hotel |
Location |
Rooms |
Grading |
| Russ Hill |
Charlwood |
152 |
3 Star |
| Stanhill Court |
Stanhill |
15 |
3 Star |
| Corner House |
Horley |
32 |
4 Diamond |
| Langshott Manor |
Horley |
22 |
3 Star Country House |
| Gatwick Moat House |
Horley |
124 |
3 Star |
| Renaissance London Gatwick |
Horley |
254 |
4 Star |
| Thistle London Gatwick |
Horley |
104 |
4 Star |
| Holiday Inn Gatwick Airport |
Horley |
210 |
4 Star |
| Cambridge |
Horley |
32 |
Lower grade |
| Skylane |
Horley |
73 |
2/3 Star equivalent |
| Gatwick White House |
Horley |
27 |
Lower grade |
Hotel Demand
The market for 3 and 4 star hotels around Gatwick differs from the rest of Surrey. Most are achieving high occupancies — averaging 75-85% — in some cases considerably higher than the rest of Surrey (average 70%). Midweek occupancies are higher than those at weekends.
Achieved room rates, however, are lower than those achieved by other 3 and 4 star hotels in Surrey — £40-£50, compared to the all Surrey averages (£68 for 3 star hotels and £87 for 4 star hotels). These rates reflect a stronger leisure market in this part of Surrey, much of which is pre-flight stays by outbound overseas holiday makers. Corporate business is made up of transient business travellers using Gatwick Airport, local corporate demand from the Gatwick area, and corporate business from Redhill and Reigate.
Hotel Development Opportunities
The Gatwick market is very much a ‘budget’ or price-sensitive market, even though it is currently being served by 3 and 4 star hotels. The strength of this market, the level of denied business, the potential for growth focused around the development of the ‘Gatwick Diamond’ as an international business location, as well as the possible development of a second runway, all suggest further expansion in the market.
In terms of development potential, there is scope for:
- Budget hotel development in Horley