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- 2015 -21 October
London welcomes new visitor visas for Chinese tourists
VisitLondon.com has welcomed the announcement from David Cameron of new visitor visas for tourists from China designed to boost London’s tourism…
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20 October
FTSE 100 boosted by hotel groups
UK stocks rose in early Tuesday trade, boosted by strong financial results from hotel companies. InterContinental Hotels Group (IHG) shares…
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19 October
RevPAR up in London despite slight drop in occupancy
London hotels reported a strong performance in September, according to preliminary data from hotel research firm STR Global. Despite a…
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Sep- 2015 -30 September
European hotel transactions up 58% year-on-year, says HVS
Transactions in the European hotel sector have seen an increase in volume reaching €12bn (£8.9bn), 58% up on the in the…
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29 September
CBI ‘doesn’t share’ Corbyn’s view of the economy
The Confederation of British Industry (CBI) has responded to Jeremy Corbyn’s inaugural speech at the party conference in Brighton. John Cridland,…
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25 September
Hotel growth to slow in 2016, says PwC
Growth in the hotel industry will continue to grow in 2016 but is slowing when compared to 2014, according to PwC’s UK…
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21 September
Glasgow breaks August occupancy record
Glasgow reported record August occupancy levels as hoteliers in wider Scotland continued to report mixed results, according to the latest…
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21 September
Lib Dems back tourism VAT cut
The Liberal Democrats yesterday (September 20) became the first main political party to call for a cut in the rate…
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9 September
Hotel prices soar ahead of Rugby World Cup
Hotel room prices in host cities for the Rugby World Cup have increased on every match night in every city,…
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Aug- 2015 -25 August
Golf drives demand for Edinburgh hotels
Hoteliers in Scotland have continued to report mixed results in July, according to the latest LJ Forecaster Scottish Intercity Report.…
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