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ITV's The Fortune Hotel Axed Over High Production Costs
25 Nov
Summary
- The Fortune Hotel is reportedly facing cancellation due to its high production costs.
- Contestants vied for a £250,000 prize in exotic locations like Grenada.
- Despite decent viewership, the investment cost made renewal unlikely for ITV.
The popular ITV gameshow, The Fortune Hotel, is reportedly facing the axe due to its substantial production costs. The show, hosted by Stephen Mangan, saw pairs of contestants compete for a £250,000 prize, with previous series filmed in Grenada.
Despite achieving a respectable viewership and consistently ranking among ITVX's top ten shows, the immense financial investment required to produce the series has made executives hesitant to greenlight a third season. Reports suggest that unless innovative funding strategies emerge, the show's future is uncertain.
While an ITV spokesperson stated that discussions are ongoing, the high cost of the prize and the elaborate production in international locations have made it difficult to justify the continued expense. The second series alone garnered 4.4 million streams this summer, highlighting its popularity but not necessarily its profitability.
