The UK Hotels Market Index (UKHMI) is an innovative market tracking index that analyses nine key performance indicators of 34 cities in the UK and consolidates these into a single ranking. This allows us to see which markets are hot and which ones are not, for both acquisition of existing hotels but also the development of new properties. The main index is based on 2019 data and takes no account of current events. Accordingly, in light of the current pandemic, we have also created the UK Hotels Recovery Index which uses a number of key parameters to analyse the impact on the rate at which hotel markets across the UK will recover from the Covid-19 crisis.