The 4-star Stradey Park Hotel & Spa has been operating continuously for over 20 years and enjoys an excellent reputation for high standards of accommodation and cuisine.
The hotel reception, main dining room and function rooms are located within the original manor house, which dates to 1912 and was originally owned by local industrialist Alexander Raby who built the Carmarthenshire Dock in 1799 on the River Lliedi at Llanelli as a shipping point for his coal and iron.
The hotel affords stunning views over Carmarthen Bay and the Gower Peninsula, making it an ideal venue for wedding parties, whilst the unique and award-winning Parc Spa is a major attraction, with many guests coming to the hotel specifically to enjoy the spa packages.
Hotel room investments are set to become the top performing asset class in the coming years. Part commercial property investment, part residential property investment, this lucrative sector offers the best of both worlds.
The UK hotel sector performed well in 2018 as growing demand, fuelled by the relatively weak pound, continued to attract international tourists and the increase in the number of Britons that take staycations, mean that hotel occupancy in the UK is going from strength to strength.
The outlook moving forward is equally as bright. RevPAR (Revenue Per Available Room) and ADR (Average Daily Rate) is expected to grow during 2019 and despite the Brexit uncertainty, the UK already beat their 2020 tourism target of 40 million annual inbound visits, with 40.9 million inbound visits in 2018. This demonstrates that the hotel sector is proving to be an excellent option to Brexit-proof any investment portfolio.
Investing in an established hotel with a proven track record makes perfect sense, especially as a fully-managed investment – you invest in a room (or rooms) then sit back and collect the income. Your room becomes part of the hotel stock, with the added benefit of being serviced and managed as part of the hotel.
UK tourist spending has exceeded £25.7 billion, representing a 13% increase year on year and the strongest growth for five years. With more and more people opting for ‘staycation’ holidays the best is yet to come.
A beautiful area in South Wales, better known as the Gower Peninsula. The Gower projects westwards into the Bristol Channel and is the most westerly part of the historic county of Glamorgan. In 1956, Gower became the first area in the United Kingdom to be designated an Area of Outstanding Natural Beauty. The landscape is full of ancient sites and historical reminders.
Historically the local economy was based on heavy industry, but as this declined the local authority responded by encouraging development in the leisure and tourism sectors. This has included the Machynys Golf Course, Llanelli Scarlets Rugby Stadium, the Old Castle Works Leisure Village and a National Hunt Racecourse.
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