Hotels
Hotel staff costs jump in January ahead of employers’ NIC rise
Gross operating profits (GOP) were relatively flat in both the UK, from 17.4% to 17.1% in January year-on-year, and in London at 23.2% to 22.7%
Staff costs in the UK hotel sector jumped in January, hitting profits even before April’s rise in employers’ National Insurance contributions and National Minimum Wage, according to data from RSM.
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