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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Aug- 2017 -4 August
London hotel market accounts for 55% of total UK hotel investment
Investment into the London hotel market reached £1.1 billion; 55% of the UK’s overall total of £2 billion, figures from…
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Jul- 2017 -28 July
Seaside towns help boost UK hotel investment
Hotels located at British seasides are attracting increased investment as the weakened pound continues to stimulate growth in ‘staycations’. Figures…
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25 July
Hotel performance remains strong in second quarter
Europe’s hotels have continued to show positive results in the second quarter of the year. According to figures from STR,…
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17 July
Overseas visits from China and US reach record numbers in Q1
The UK has enjoyed a record number of overseas visits in the first quarter of 2017 with most tourists coming…
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12 July
London suffered temporary occupancy drop following terror attack
Preliminary STR data for the month of June shows that London had a “moderate decline” in occupancy following the London…
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Jun- 2017 -30 June
UK hotel bookings remain strong despite recent terror attacks
Despite suffering four terror attacks in the last three months, the UK hotel booking numbers have remained strong as RevPAR…
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30 June
Significant rise in business confidence
Overall business confidence has risen significantly since the start of the year, according to Lloyds Bank. The latest Business in…
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20 June
STR and Google find “strong correlation” between searches and bookings
Higher Google search volumes are “strongly correlated” with higher hotel demand levels analysis from STR and Google has found. STR…
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16 June
UK sees record number of overseas visits and spend in April
New figures from VisitBritain show that April was a record month for the number of overseas visits to the UK…
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14 June
UK tops European hotel development pipeline
The United Kingdom is one of the top countries in Europe to show a pipeline of over 5000 rooms in…
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