Hotel Supply
Surrey Thames (incorporating Staines, Egham, Chertsey, Weybridge, Walton-onThames, Sunbury-on-Thames, Addlestone, Shepperton and Cobham) has a total of 27 hotels with 1,520 rooms between them. Nearly half of this supply is in six 4 star hotels, four of which are large hotels of 130-180 rooms. A further 21% of supply is in five 3 star hotels, which tend to be smaller in size (average 65 rooms). The 3 and 4 star supply includes three country house hotels/resorts. There are only 4 budget hotels in the Surrey Thames area, generally small units of 20-50 rooms, though one has 65 rooms.
Surrey Thames Hotel Supply — by Standard — 2004
| Standard |
Estabs |
Rooms |
% of Rooms |
Av. Size of Hotel |
| 4 star |
6 |
750 |
49 |
125 |
| 3 star |
5 |
324 |
21 |
65 |
| 2 star |
2 |
35 |
2 |
18 |
| Budget |
4 |
164 |
11 |
41 |
| Non-inspected — 2/3 star/ Budget equivalent |
7 |
219 |
14 |
31 |
| Diamond Rated/ Lower Grade Non-inspected |
3 |
28 |
2 |
9 |
| Total Supply |
27 |
1,520 |
100.0 |
56 |
Surrey Thames Hotels — 2004
| Hotel |
Location |
Rooms |
Grading |
| Runnymede |
Egham |
180 |
4 Star |
| Great Fosters |
Egham |
53 |
3 Star Country House |
| Savill Court |
Egham |
104 |
3 Star |
| Crown |
Chertsey |
30 |
2/3 Star equivalent |
| Bridge Lodge |
Chertsey |
37 |
2/3 Star equivalent |
| Wheatsheaf |
Virginia Water |
17 |
2 Star |
| Foxhills |
Ottershaw |
38 |
4 Star Resort |
| Shepperton Moat House |
Shepperton |
185 |
4 Star |
| Ship |
Shepperton |
31 |
2/3 Star equivalent |
| Warren Lodge |
Shepperton |
50 |
3 Star |
| Anchor |
Shepperton |
29 |
2/3 Star equivalent |
| Stanwell Hall |
Staines |
18 |
2 Star |
| Thames Lodge |
Staines |
78 |
3 Star |
| Anne Boleyn |
Staines |
45 |
2/3 Star equivalent |
| Travelodge |
Staines |
65 |
Budget |
| Flower Pot |
Sunbury on Thames |
7 |
Lower grade |
| Innkeeper’s Lodge |
Walton on Thames |
32 |
Budget |
| Hilton Cobham |
Cobham |
158 |
4 Star |
| Cedar House |
Cobham |
8 |
2/3 Star equivalent |
| Premier Travel Inn Cobham |
Cobham |
48 |
Budget |
| Cobham Lodge |
Cobham |
39 |
2/3 Star equivalent |
| Fairmile Lodge |
Cobham |
13 |
Lower grade |
| Woodlands Park |
Stoke d’Arberon |
57 |
4 Star Country House |
| Oatlands Park |
Weybridge |
132 |
4 Star |
| Ship |
Weybridge |
39 |
3 Star |
| Innkeeper’s Lodge |
Weybridge |
19 |
Budget |
| Ditton Lodge |
Thames Ditton |
8 |
Lower grade |
Hotel Demand
3 and 4 star hotels in Surrey Thames perform at between 65% and 76% occupancy, and are most typically around 75% - an above average performance for Surrey. Mid-week occupancies are very high at 77-95% with Monday to Wednesday occupancies running at 90-100%. Weekends are typically between 50% and 60%, though higher in summer due to weddings and increased leisure break demand. Achieved room rates for 3 and 4 star hotels in Surrey Thames are between £65 and £86 and are increasing.
The market mix is 65-70% business and 30-35% leisure. Business demand is predominantly corporate discounted business from Chertsey, Staines, Sunbury-on-Thames, Walton-on-Thames, Weybridge, Shepperton, Guildford and Woking. Corporate rates are typically £115-£120. Weddings are an important leisure market but those chain hotels with leisure break package promotion also attract good levels of leisure break business; key draws are Legoland, Thorpe Park, Hampton Court, racing at Sandown and Kempton Park and rugby at Twickenham.
3 and 4 star hotels in the area are regularly denying business Monday to Wednesday (5-20 rooms); these denials are increasing. There is also some denied residential conference business.
Hotel Development Opportunities
The strengthening of the local economy, particularly new companies moving into Chertsey and Staines, high occupancy levels and levels of weekday denials all point towards the potential for new hotel development in the Surrey Thames area. The strength of the hotel market in this part of Surrey and the paucity of existing budget hotel supply, particularly larger budget and upper tier budget hotels and new/emerging brands, also indicates a market opportunity in this sector.
In terms of the type and location of hotel development, there would seem to be scope for:
- 3 and 4 star hotel development
- Strong market potential for new budget and upper tier budget hotel development