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.
-
May- 2013 -8 May
Record breaker Steelite International to create more than 230 jobs
Steelite International has delivered record results for the third year in a row. The leading ceramics manufacturer posted the milestone…
Read More » -
Mar- 2013 -18 March
Mooted tax regime “stifling” hotel investment in Scotland
Founder and chief executive of Chardon Management Maurice Taylor has said that uncertainty over Scotland’s future tax regime is stifling…
Read More » -
Feb- 2013 -4 February
Hotel and licensed sector administrations fall to lowest level for five years
Official statistics published by the Insolvency Service have revealed that the number of businesses appointing administrators in the sector fell…
Read More » -
Jan- 2013 -29 January
Research indicates hotel sales aren’t all ‘distress’ cases
According to research by Colliers International Hotels, just 26 per cent of hotel sales in 2012 were distressed transactions. Buyer…
Read More » -
16 January
Hotels among hardest hit by interest rate swaps scandal
According to the law firm Berg, the hotel sector is among the industries to have been worst affected by the…
Read More » -
10 January
Colliers sets new hotel sales records despite economy
Cotswolds hotel specialists Colliers International has set a new sales record for the last five years, after selling the Wyastone…
Read More » -
9 January
Buyers get chance to “awaken sleeping giant” in landmark Worcestershire hotel
The landmark Hundred House Hotel in Worcestershire has been placed on the market by owners after the recession has bitten…
Read More » -
Dec- 2012 -7 December
Hospitality sector fears standardising of ‘Living Wage’
Momentum is gathering behind Labour’s ‘Living Wage’ proposals, which are being met with trepidation by the hospitality industry. In 2011,…
Read More » -
7 December
Starbucks pays up but business rates will still rise
Starbucks’ acceptance to pay increased corporation tax has done little to soften the news that business rates will not be…
Read More » -
5 December
American Express research points to more prospering businesses in 2013
Small businesses are in store for a better 2013, according to research conducted by American Express. The company’s UK Small…
Read More »