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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Mar- 2016 -8 March
London to maintain highest occupancy in Europe, says PwC
London is predicted to maintain the highest hotel occupancy rates in Europe during 2016, according to a new report from…
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4 March
Whitbread reports ‘divergence’ between London and regional hotel markets
Whitbread has seen a “divergence” between London and regional hotel markets, according to its latest trading update for the 50…
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1 March
Edinburgh and Glasgow hoteliers report ‘encouraging start to the year’
Hoteliers in Scotland’s two largest cities – Glasgow and Edinburgh – have reported a ‘robust’ start to the year, while…
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Feb- 2016 -29 February
Travelodge reports record year in 2015
Budget hotel chain Travelodge has reported a record year in 2015, according to its full-year financial report. In its unaudited…
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19 February
Accor Hotels profits rise despite France slowdown
Accor Hotels has reported a 9.4% increase in net profit to €244m (£174m), despite a slowdown in France following the…
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16 February
Triple-digit growth from Asia drives UK hotel demand
A triple-digit growth in the number of tourists from Asia has helped drive a “significant” rise in hotel demand from…
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16 February
London hoteliers report 3.8% occupancy fall
Occupancy for London hoteliers fell 3.8% in January to 66.6% compared with the same month last year, according to preliminary…
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9 February
London has nearly reached a ‘peak in hotel trading’
Some 7,000 hotel rooms will open in London this year – more than double that of last year – despite…
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5 February
UK average room rates up 26% since 2011
The UK hotel industry has experienced an overall increase in room rates of 26% between 2011 and 2015, despite ‘economic…
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Jan- 2016 -21 January
CBRE: London hoteliers report 2% profit increase in 2015
London hoteliers have reported positive growth in 2015 contrary to forecasts at the beginning of the year, according to CBRE.…
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