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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Mar- 2019 -8 March
UK hotel investment totalled £7.4bn in 2018
UK hotel investment totalled £7.4bn in 2018, with overseas investors representing 78% of total investment, according to new figures from…
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1 March
European hotel transaction levels down in 2018
European hotel transaction volumes reached €18.6bn (£15.9bn) in 2018, a decrease of 14% on the previous year, but still the…
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Feb- 2019 -21 February
Accorhotels revenues jump 16.9% in 2018
Accorhotels has reported a 16.9% sales increase to €3,610m (£3,130m) in its full-year results for 2018, driven by “solid business…
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13 February
Surge in far east visitors drives growth for UK hotels in 2018
UK hotels saw positive growth throughout 2018 as a result of a surge in international visitors, particularly from the Far…
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4 February
Final flourish secures UK hotels’ annual profit growth
A strong finish to 2018 secured a second consecutive year of GOPPAR (gross operating profit per available room) growth for…
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Jan- 2019 -17 January
UK hotel market to continue growth in 2019 according to Chrisite & Co
Despite “growing operational costs” and “concerns over staff recruitment in post-Brexit Britain”, the UK hotel market showed “encouraging signs of…
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16 January
Hotels defy consumer spending decline in December
Consumer spending continued to fall in the month of December with a 1% decline, however hotels managed to defy the…
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Dec- 2018 -6 December
UK hotel sector remains ‘resilient’ despite Brexit concerns, new research reveals
The UK hotel sector has had a resilient trading performance in 2018, with RevPAR levels recording growth of 3.9% in…
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Nov- 2018 -29 November
Tourism sector deal a ‘cause for celebration’ for hospitality industry
The UK government has signalled its intention to deliver a “landmark sector deal” for the UK tourism industry to attract…
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Oct- 2018 -10 October
Hotel prices in Europe fall in October, Trivago finds
Madrid was the only city in Europe to see in increase in room rates for the month of October according…
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