Advertisement
Features

How are interest rates impacting lending in the hotel industry?

With interest rates increasing to 5.25% Greg Moreton, debt advisory partner at RSM UK, talks about the impact of high interest rates on lending in the hotel sector

In August 2023, the Bank of England raised interest rates for the 14th time in a row to 5.25% – the highest they have been in 15 years. The interest rate rise to 5.25% is likely to have a significant impact on lending in the hotel sector in 2024, according to Greg Moreton, debt advisory partner at RSM UK.

Check out our free weekly podcast

Back to top button