Travel

The Best New Hotels in London for Under $500 a Night

From Shoreditch to Chelsea, here are seven great options for your next trip to Britain’s capital. 

A room at the Hoxton in Shepherd’s Bush 

Source: The Hoxton

Visitors to London are spoiled for choice when it come to hotels—the city is poised to have the most hotel rooms in the world by 2025. Among its gems are some of the world’s most beloved properties, like Claridge’s and the Connaught, along with newcomers that are soon to reach the same level of esteem. Take the luxurious Raffles London at the OWO, where rooms will start at more than £1,100 ($1,372), or the Peninsula London, whose palatial rooms start at 560 square feet and £1,300. Both open in September.

But spending four-figure sums each night is hardly a requirement. According to data from the commercial real estate research firm CoStar, the average daily room rate in the city was £185 in August 2023, up from £150 in the same month in 2019. While that may not buy you a top Mayfair spot with butler service, it will open the door to a new wave of stylish hotels, ranging from a food-focused urban hangout in Shoreditch to a Caribbean-inspired escape in Notting Hill.