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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Jun- 2018 -12 June
One in 10 hospitality staff considering leaving UK due to Brexit
A survey has revealed that over one in 10 hospitality workers (11%, equivalent to 330,000 staff nationally) are thinking about…
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1 June
Heat wave ‘fails to warm’ profit levels at UK hotels
Profit growth at hotels in the UK failed to match the high temperatures in April, which led to a 0.9%…
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May- 2018 -4 May
Record growth in £1m homes boosts hotels sector
Record growth in property values in Cheltenham and the Cotswolds will help maintain momentum in the region’s hospitality sector, according…
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1 May
STR confirms UK serviced apartment occupancy has dropped in Q1 2018
Occupancy rates for serviced apartments in the UK have dropped in the beginning of 2018, according to market insight company…
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Apr- 2018 -23 April
Overseas visitor numbers hit record 38.9 million in 2017
Overseas visitor numbers grew for the eighth consecutive year in 2017 setting a new annual record at 38.9 million people,…
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12 April
Strengthening Eurozone economy to boost European hotel sector, says PwC
The improving economic outlook across the Eurozone and strong demand from international tourists is set to propel hotel trading across…
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10 April
UK remains Europe’s top hotel investment destination in 2018
The UK has retained its position as the most-sought after destination in Europe for hotel real estate investment in 2018…
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Mar- 2018 -21 March
UK consumer price inflation falls in February
The consumer price inflation (CPI) rate fell from 2.7% in January to 2.5% in February 2018, according to the Office…
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14 March
UKHospitality says Spring Statement ‘missed opportunity’
UKHospitality (UKH) has responded to the Chancellor’s 2018 Spring Statement calling it a “missed opportunity” to deliver a meaningful tax…
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13 March
Consumer spending drops in Feb but hospitality remains strongest performing sector
Consumer spending dropped even further in February, making it the weakest start to a year since 2012, but hospitality has…
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