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.
-
Nov- 2017 -8 November
RevPAR slowdown could lead to lack of ‘investor interest’
Some investors could become wary of hotel assets due to RevPAR (rooms revenue per available room) plateaus amid predictions of…
Read More » -
7 November
UK hotel bookings increased by 29% in 2017
Tourico Holidays, wholesale travel brokerage company, today shared data reporting a 29% increase in hotel bookings to the United Kingdom…
Read More » -
Oct- 2017 -27 October
Luxury hotel and wedding venue goes into administration
The Prestbury-based Bridge Hotel has called in the administrators, 60 years after it first opened. The three-star property entered administration…
Read More » -
26 October
Hotel sector ‘largest employer in the tourism industry’
Hotels are the largest employers in the tourism job sector by far with 77% of all job vacancies in the…
Read More » -
25 October
Hotel industry confidence ‘low’ despite increased bookings
Confidence in future bookings and revenue is the lowest it has been since September 2016, according to a UKinbound-backed survey.…
Read More » -
13 October
H1 visitor spend exceeds £10bn for the first time
There was strong growth in overseas visits and spend to the UK’s nations and regions in the first six months…
Read More » -
12 October
Hotel investment set to increase by 25% by year-end
International real estate advisor Savills has forecast that annual UK hotel investment volumes will reach £5.1bn by the end of…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More »