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.
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May- 2019 -7 May
European hotel investment remains ‘buoyant’ in Q1
European hotel real estate investment volumes reached €23bn (£19.6bn) in the year to the end of Q1 2019, according to…
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3 May
UK’s provincial hotels see first RevPAR decline in seven years
RevPAR in the UK’s regional hotels dropped 2.8% in Q1 2019, according to the latest UK Hotel Market Tracker produced…
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Apr- 2019 -16 April
London hotels see another month of ‘strong performance’ in March
London hotels saw another month of ‘strong performance’ in March, according to date from hotel data benchmarking firm STR. Year-over-year,…
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10 April
UK hotel market attracting first time MENA investors
Middle East and North African (MENA) investors are making their first market investments in the European hotels sector, including cities…
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9 April
Hotel occupancy levels reach record high despite ‘Brexit uncertainty’
Occupancy levels at UK hotels reached a “record high” in 2018, despite Brexit uncertainty, according to a new report by…
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8 April
Business rates ‘bringing pain’ to hotel sector, says Colliers
Escalating business rates are “continuing to put pressure” on London’s hotel industry, according to latest figures from Colliers International. Hotel…
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3 April
UK hotels see second consecutive month of profit decline
UK hotels saw a second consecutive month of profit decline in March, according to the latest data tracking full-service hotels…
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Mar- 2019 -27 March
PWC forecasts ‘spike’ in new hotel rooms in 2019
The outlook for hotel trading in the UK this year remains flat as a surge in room supply, slowing global…
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14 March
Business investment in UK hospitality sector falls 12%
Business investment in hotels and restaurants has plummeted by more than 10% in a year as worries over Brexit loom…
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14 March
London hotels see ‘record-high’ growth in February
London hotels saw “record-high” growth in February, driven by the Six Nations rugby match and London Fashion Week, according to…
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