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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Oct- 2016 -17 October
North West hoteliers report 3.5% profit growth
Chain hoteliers in the North West of England reported an increase in profit during August, despite it typically being one…
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10 October
Hospitality spending jumps 6% in September
Spending in hotels, restaurants and bars saw a strong increase in September, according to Visa’s latest UK Consumer Spending Index.…
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3 October
Mixed month for Scottish hoteliers as Aberdeen shows signs of stablisation
Market declines in Aberdeen continue to show signs of stablisation as hotels in Scotland’s three largest cities reported a mixed…
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Sep- 2016 -29 September
Cumbria hoteliers shrug off devastating floods with record summer
Provisional figures from Cumbria Tourism has revealed record occupancy figures for the county’s accommodation providers over the last three months.…
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22 September
Political uncertainty ‘dangerous’ as London hotel demand falls
London hotel demand has continued to fall in the wake of Brexit while regional hotels are forecast to hit record-breaking…
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20 September
New UK hotel supply in 2016 passes 10,000 bedrooms
The number of new hotel rooms opening in the UK in 2016 is on track to reach its highest level…
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16 September
Hinkley C go-ahead to boost South West hospitality market
Hotels specialists at Colliers International believe the go-ahead for Hinkley Point C could switch an already buoyant market into overdrive.…
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6 September
Double-digit spending growth for hotels in August
Hotels, restaurants and pubs all saw double-digit spending growth in August, as consumer spending reached a 13-month high. According to…
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Aug- 2016 -31 August
Edinburgh and Glasgow report higher rates, Aberdeen yields continue to fall
Hoteliers in Edinburgh and Glasgow shrugged off lower occupancy with higher rates in July, while the reverse happened in Aberdeen…
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16 August
London ‘no longer most expensive’ European capital for overnight
Oslo and Dublin have climbed above London in the rankings for the most expensive capital in Europe for overnight stays.…
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