Manchester, one of the UK’s most dynamic cities, is making headlines with its newly announced £15 billion tourism and economic growth strategy. This ambitious plan aims to boost the city's visitor economy to £15 billion by 2030, positioning Manchester as the most-visited city outside London. But what do these developments mean for investors?

Why is Manchester an Attractive Investment Destination?

Currently, Manchester boasts a visitor economy worth approximately £10 billion, and this figure is expected to grow steadily in the coming years. The city aims to surpass Edinburgh as the most-visited destination outside London and secure a spot among the top 20 tourist destinations in Europe. This growth will create significant opportunities in hospitality, retail, hotels, and real estate sectors.

Key Factors Driving Manchester’s Growth

International Connectivity

Manchester Airport’s goal of increasing international passenger traffic by 30% will attract more global visitors to the city. This expansion will not only boost the short-term rental market but also create new opportunities for hotels and commercial investments.

Sustainable Development

Manchester is committed to becoming one of the most sustainable cities in the UK and is actively working to rank among the top 50 in the Global Destination Sustainability Index. Green projects and eco-friendly investments will enhance the city’s liveability, making it even more attractive to both residents and investors.

Employment and Economic Growth

The local government prioritizes fair wages and job creation in the visitor economy, ensuring a stable and sustainable consumer environment that contributes to long-term economic expansion.

Infrastructure and Housing Development in Manchester

Manchester Mayor Andy Burnham has unveiled a 10-year plan to increase the region’s annual economic contribution by £13 billion. The city aims to attract £1 billion in annual investments by 2035, while simultaneously launching large-scale residential development projects. These new housing projects will accommodate the rising number of tourists, professionals, and students moving to the city.

Comparison with Other Major Cities

Manchester’s tourism growth strategy strengthens its competition with other major UK cities like Liverpool. However, better transport links, a larger economic scale, and a strong commitment to sustainable development make Manchester a more attractive investment destination.

Exciting Opportunities for Investors

This transformational phase positions Manchester as one of the top real estate investment destinations in the UK. With booming tourism, strong economic policies, and extensive infrastructure projects, the city offers exceptional opportunities for investors looking for high returns.

Invest in Manchester with Rotas Investment

At Rotas Investment, we help investors navigate this rapidly growing market and identify the best opportunities to maximize their returns. Contact us today to learn more about investing in Manchester!