Manchester’s £15B Tourism Boom: A Prime Investment Opportunity

Manchester is undergoing a transformative shift with its ambitious £15 billion tourism strategy, set to redefine the city as a global destination by 2030. This bold plan presents exciting opportunities—not just for businesses and visitors, but also for property investors looking to capitalise on the city’s rapid growth and international appeal.

Key Takeaways

• Economic Expansion: Manchester aims to grow its visitor economy from £9.4 billion in 2023 to £15 billion annually by 2030.
• Tourism Leadership: The city seeks to outpace Edinburgh as the most visited UK city-region outside London and rank among the top 20 European destinations.
• Better Employment Standards: Ensuring all tourism sector employees earn at least the Real Living Wage, improving job quality and strengthening Manchester’s hospitality industry.
• Sustainability Leadership: Aiming to become the most sustainable English city and secure a top 50 spot on the Global Destination Sustainability Index.

The Strategy Behind Manchester’s Tourism Boom

Massive Economic Growth & Job Creation

Manchester’s £15 billion tourism vision is about more than just attracting visitors—it’s about transforming the city’s economy. The plan will fuel local businesses, enhance infrastructure, and create thousands of new jobs in hospitality, retail, and tourism-related industries. Investors can expect an increase in demand for short-term rentals, hotels, and serviced accommodations as tourism numbers surge.

Surpassing Edinburgh: Manchester’s Competitive Edge

The city is strategically positioning itself to become the UK’s most visited city-region outside London, surpassing Edinburgh. This goal will be achieved by hosting world-class events, improving transport links, and expanding cultural and hospitality offerings. More visitors mean increased demand for accommodations, retail, and leisure investments.

Higher Wages, Stronger Workforce

Manchester’s strategy includes a commitment to ensuring that all employees in the tourism sector earn at least the Real Living Wage. This move will attract and retain a high-quality workforce, boosting the city’s reputation for outstanding hospitality and service. A thriving workforce means a stronger local economy—creating further opportunities for property and business investment.

Sustainability: The Green Tourism Push

Manchester is on track to becoming the most sustainable English city, with aspirations to rank within the top 50 globally on the Global Destination Sustainability Index. Initiatives include eco-friendly tourism, green infrastructure investments, and sustainable urban development—all factors that enhance long-term property values and make Manchester a prime investment location for the future.

Manchester’s Infrastructure & Connectivity Revolution

Manchester Airport: A Global Hub for Growth

Manchester Airport is the UK’s busiest airport outside London, offering a growing network of long-haul flights to North America, Asia, Africa, and the Middle East, strengthening its role as a key international hub. By 2030, it aims to accommodate 50 million passengers annually, driving international tourism and boosting demand for accommodation and commercial investments near key travel hubs.

Major Events & Transport Expansion

Manchester is securing high-profile events like the 2025 Women's Rugby World Cup and major music festivals to drive tourism growth, solidifying its reputation as a premier UK event destination. Simultaneously, investments in public transport, road networks, and pedestrian-friendly city design will improve accessibility, making the city even more attractive for visitors and investors alike.

Why This Matters for Investors

Manchester’s tourism strategy is a catalyst for property market growth, rental demand, and commercial investment opportunities. Here’s why investors should pay attention:

• Booming Short-Term Rental Market: The increase in international visitors fuels demand for short-term lets, serviced apartments, and boutique hotels.
• Rising Property Values: Regeneration projects and economic growth strengthen Manchester’s real estate market, offering high capital appreciation potential.
• Commercial Investment Opportunities: New business districts, cultural venues, and retail expansions create exciting commercial investment prospects.

Final Thoughts: A Golden Era for Manchester’s Investors

Manchester’s ambitious £15 billion tourism strategy is setting the stage for an economic and cultural transformation. With investments in infrastructure, sustainability, employment, and international connectivity, the city is becoming one of the most exciting places to invest in the UK.

For those looking to capitalise on this growth, now is the time to explore property and commercial opportunities in key areas poised for expansion.

Discover Your Investment Potential

Ready to make the most of Manchester’s tourism boom? Get in touch with Rothmore Property today and explore high-growth investment opportunities tailored to this thriving market!