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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Oct- 2017 -12 October
London hotel occupancy dips in September
Preliminary data from STR shows that London hotels experienced a year-on-year decline in occupancy levels by 1.6% to 86.9% in…
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11 October
UK hotels enjoy August RevPAR boost
New data released by ALMR shows that hotels across the UK enjoyed another welcome boost in revenue per available room…
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10 October
UK sees record number of tourists in 2017
The UK saw a record number of inbound visitors in this year, with figures up 8% compared to 2016. The…
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Sep- 2017 -21 September
Hotel growth to slow in 2018, says PwC
A mixture of economic growth deceleration, the wearing off of the weak pound effect on inbound tourism and an increase…
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12 September
London hotels suffer decline in occupancy
Preliminary data from STR has indicated a year-on-year decline in occupancy levels for London hotels. Occupancy fell by 2.7% to…
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Aug- 2017 -25 August
Currency fluctuations and visa trouble putting young travellers off UK, study finds
The UK is seen as a less attractive holiday destination due to visa controls and currency fluctuation, a survey by…
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23 August
UK economy set for boost as nearly 7m plan bank holiday staycations
VisitEngland’s August Bank Holiday Trip Tracker survey published today (23 August) shows 6.9 million Brits are planning an overnight holiday…
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22 August
UK’s ‘fifth season’ leads to rise in bookings for bed and breakfasts
Bed and breakfast properties have seen an influx of bookings due to the UK’s ‘fifth season’ between summer and autumn,…
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14 August
UK hotels post record H1 performance
The first six months of the year produced the UK hotel industry’s highest occupancy, average daily rate (ADR) and revenue…
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10 August
London hotels show strong growth rate
Preliminary data from STR indicates that London hotels have continued to show strong rate growth. Despite recent terror attacks in…
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