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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Aug- 2015 -18 August
UK inflation rate rises to 0.1% in July
The UK inflation rate has crept up from the zero-mark to 0.1% in July, according to the Consumer Prices Index…
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17 August
RevPAR soars 7.1% for London hotels in July
Revenue per available room (RevPAR) increased to £133.54 for London hotels in July compared with the same month last year,…
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14 August
RevPAR rises marginally for UK hotels in Q2
Revenue per available room (RevPAR) has increased marginally for hotels across the UK in the second quarter of 2015, but…
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11 August
PPHE Hotel Group’s first half results ‘ahead of expectations’
PPHE Hotel Group, which operates the Park Plaza and Resorts and Art’otel brands, said trading in the first six months…
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7 August
Hospitality jobs up but job hunters lag behind
There has been a significant rise in the number of hospitality jobs but the sector is struggling to attract employees,…
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3 August
Marriott’s RevPAR up 5.3% in strong Q2 results
Marriott International has reported strong second quarter results in 2015, boosted by a 5.3% increase in revenue per available room…
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Jul- 2015 -30 July
AccorHotels revenue jumps 4.1% following restructuring
Following its restructuring and re-brand this year, AccorHotels has reported a 4.1% like-for-like revenue growth to €2.7 billion (£1.9 billion)…
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21 July
Glasgow and Edinburgh report strong growth in June, Aberdeen falters
Hoteliers in Scotland’s three largest cities have reported mixed results in June, according to research released today. The monthly LJ…
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14 July
Staycations popular as consumer spending hits three-year high
Consumer spending hit a three-year high in the second quarter of 2015, as spend on the hospitality industry increased, according…
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14 July
UK inflation rate falls back to 0%
The UK inflation rate fell back to 0% in June after rising to 0.1% in May, according to official figures…
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