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 -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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8 August
Consumer spending falls but hotels remain popular
Hotels, restaurants and bars saw an increase in spending despite an overall drop, figures from Visa’s UK Consumer Index showed.…
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7 August
Airbnb could lead to lower business rates for hoteliers
Hotel operators should be able to appeal against their business rates due to the impact of “disruptors” in the market…
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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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