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.
-
Jun- 2017 -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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
24 May
London and Manchester show record RevPAR for April
London and Manchester showed record-breaking revenue per available room (RevPAR) levels for the month of April. According to the latest…
Read More » -
19 May
“Brexit boost” as UK tourism reaches record levels
The number of tourists to the UK reached record levels last year, with a reported 37.5 million visitors. Data from…
Read More » -
17 May
Smartphone orders double in two years for hospitality
The number of hospitality customers making orders with their smartphones has doubled in the last two years, according to research…
Read More »