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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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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9 June
Election result “bad for business”, says BHA
The British Hospitality Association (BHA) has reacted to the results of the general election, which led to a hung parliament…
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9 June
London hotels continue to show record growth despite recent terror
Preliminary data released by STR suggests that London hotels are continuing to show strong performance growth despite recent terror attacks…
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6 June
Consumer spending falls to 10-month low
Consumer spend data collected by Barclaycard suggests that figures have reached its lowest point in 10 months. In May, consumer…
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May- 2017 -31 May
Signature Living announces profits of £5.6m
Liverpool-based hotel group Signature Living has announced it has made £5.6m in pre-tax profit in the year to 1 April…
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26 May
UK consumer set for £3bn bank holiday spend, says Worldpay
UK high street businesses could earn £3bn over the bank holiday weekend, according to data from payments processor Worldpay. Due…
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