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- 2018 -6 March
PwC forecasts weaker growth for next two years
The latest figures from PwC’s UK hotels forecast show a more modest outlook for 2018 and 2019, thanks to the…
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5 March
Institutional investors and non-core hotel assets to drive UK hotel market
Investment into UK hotels in 2018 is set to be driven by institutional activity and the maximisation of returns, according…
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Feb- 2018 -28 February
AccorHotels initiates sale of majority stake in AccorInvest
AccorHotels has announced that it has signed agreements with a group of international investors with a view to selling a…
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27 February
Scottish hotel sector reports healthy growth
Tourism and hotels have defied expectations to deliver significant growth in Scotland, despite the uncertainty that Brexit has subdued performance…
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20 February
Bristol tourism tax would be ‘devastating’ for city, says chairman of the Bristol Hoteliers Association
A proposed Bristol tourism tax could have a ‘devastating effect’ on businesses and deter visitors from coming to the city,…
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16 February
Latest European hotel data reveals UK market is returning to good health
Data from the Association of Licensed Multiple Retailers (ALMR) shows that despite UK occupancy remaining below that of its European…
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14 February
SME numbers in hospitality grow 9%
The number of small and medium-sized enterprises (SMEs) operating in the hospitality sector across the UK has increased by over…
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8 February
Transactions in UK hotel industry doubled in value in 2017
The combined value of transactions in the hotel industry for 2017 was £4.6bn, nearly double that of 2016. On a…
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Jan- 2018 -11 January
London hotel occupancy declines, ADR climbs, in December
STR’s preliminary December 2017 data for hotels in London indicates a year-on-year decline in occupancy levels, but growth in average…
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10 January
Hospitality ‘UK’s top sector’ for pay rises in 2018
Data has shown that the top sector for pay rises is the hospitality industry. The data is from independent job…
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