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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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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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…
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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…
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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…
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12 May
Budget hotels fastest growing in UK
Budget hotels account for nearly two-thirds of the UK’s top 10 brands, the Q1 2017 Hotel Bulletin showed. The data…
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10 May
London reports record-breaking RevPAR for April
London has shown record-breaking revenue per available room (RevPAR) figures for April, preliminary data from benchmarking firm STR reports. Following…
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8 May
Hospitality remains strong despite consumer spending slowdown
The hospitality sector showed strong growth during a “sharper slowdown” in consumer spending in April, according to Visa’s consumer spending…
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5 May
UK high street sees increase in card payments
There was an increase in payments made with debit and credit cards in the first quarter of the year, data…
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4 May
London hotels have a record breaking Q1
During the first three months of 2017, London hotels showed the highest revenue per available room (RevPAR) for any first…
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