Economy
The latest economic news and how it affects the hotel and hospitality industry. Keep up to date with all the latest stories with Hotel Owner’s industry-leading coverage.
-
Jul- 2019 -26 July
Cricket World Cup boosts performance at London Hotels
London hotels recorded continued strong growth in Q2 2019, as hoteliers pushed rates for visitors travelling to watch the ICC…
Read More » -
15 July
London hotels see ‘strong performance’ in June
STR’s preliminary June 2019 data for London hotel has indicated strong performance levels during the month. Year-over-year, supply increased by…
Read More » -
Jun- 2019 -28 June
New tourism sector deal promises 130,000 new hotel rooms by 2025
The prime minister has announced the UK’s first ever tourism sector deal today (28 June), which aims to reaffirm the…
Read More » -
26 June
UK hotel market sees ‘strong’ investor activity in first half of 2019
A new report by specialist business property adviser Christie and Co has revealed strong investor interest and activity for the…
Read More » -
19 June
London and budget hotels could be most affected by 2021 rates hike
London and budget hotels could be most affected by the possible business rate rises in 2021, according to the latest…
Read More » -
12 June
London hotels see decline in occupancy in May
London hotels experienced a 0.6% decline in occupancy to 82% in May, according to the latest data from STR. The…
Read More » -
3 June
UK sees ‘worrying’ drop in number of overseas visitors
The number of overseas visitors to the UK dropped in 2018, despite “favourable” exchange rates and “record-breaking” temperatures. The latest…
Read More » -
May- 2019 -22 May
Hotel sector to gain from May bank holiday weekend spending
The hotel sector is set to benefit from increased sales volumes over both bank holiday weekends in May, as part…
Read More » -
13 May
London hotels see room rates increase in April
STR’s preliminary April 2019 data for London hotels reported an increase in Average daily rate (ADR) of 1.4% to £143.01.…
Read More » -
10 May
Positive start to the year for UK hotels, says Expedia Group
The latest data from Expedia Group has revealed UK hoteliers saw an “encouraging start” to the year, continuing the positive…
Read More »