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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Nov- 2015 -23 November
VIDEO: Whitbread CEO Andy Harrison interviewed by Evan Davis
At the recent CBI Annual Conference, BBC presenter Evan Davis interviewed Andy Harrison, CEO of Whitbread, the parent company of…
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19 November
Flat October for Glasgow and Edinburgh, Aberdeen continues decline
Performance in October was flat for hotels in Scotland’s two largest cities, Glasgow and Edinburgh, while decline for Aberdeen hoteliers…
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18 November
RevPAR up 12.3% for London hotels in October
Revenue per available room (RevPAR) increased by 12.3% to £139.79 for London hoteliers in October. That is according to preliminary…
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11 November
RevPAR up 3% for UK hotels in Q3
Revenue per available room (RevPAR) increased by 3% in the third quarter (Q3) of 2015 for UK hotels compared with…
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4 November
Rugby World Cup boosted UK economy by £1bn
VisitEngland has hailed the Rugby World Cup as the ‘most successful’ to date with the tournament injecting £1bn directly into…
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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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