Mary12345 wrote:Another day, another hotel application.
PeteStaples wrote:Mary12345 wrote:Another day, another hotel application.
Why are there so many hotels going up now around Waterloo?
boroughbloke wrote:
One of the few places close to the West end that is not full of them already.
PeteStaples wrote:It's called displacement. The area used to be a location for cheap offices and cheap residential. The west end was for expensive offices, high end residential and mid to high hotels. The West End and surroundings is no longer a place for mid price hotels. Only high and uber high end offices, residential and hotels are economically viable. At the same time Waterloo/Southwark/Bankside has filled with expensive offices while the cheap offices are rapidly vanishing and being replaced with high end residential and hotels depending on location. Waterloo is an especially good location because of the transport links.just seems odd how many are in progress at once in this area.
boroughbloke wrote:It's called displacement. The area used to be a location for cheap offices and cheap residential. The west end was for expensive offices, high end residential and mid to high hotels. The West End and surroundings is no longer a place for mid price hotels. Only high and uber high end offices, residential and hotels are economically viable. At the same time Waterloo/Southwark/Bankside has filled with expensive offices while the cheap offices are rapidly vanishing and being replaced with high end residential and hotels depending on location. Waterloo is an especially good location because of the transport links.
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