Consumer Confidence
Covers the influence of consumer confidence on the UK hotel industry, examining how shifts in economic sentiment affect booking patterns, pricing strategies, and overall demand. Reporting includes analysis of factors such as disposable income, inflation, and employment rates, providing insights into how these elements shape consumer behaviour and impact hotel performance.
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May- 2025 -14 MayFeatures
Are London’s economy hotels becoming too expensive?
Data from commercial real-estate data company CoStar has revealed that economy hotels are now more expensive than some midscale hotels in certain areas of London. This trend is a sign of London’s rising affordability challenges. However, in submarkets where prices for mid-tier hotels are slightly higher than economy rooms, the…
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8 MayHotel Brands
IHG sees RevPAR increase 3.3% in Q1
InterContinental Hotel Group (IHG) has reported a 3.3% increase in global RevPAR in Q1 2025, driven by globally diverse footprint and growth in its Business (+3%), Leisure (+2%) and Groups (+5%) divisions. Regionally, its Q1 RevPAR in the Americas was up by 3.5% for the region as a whole and…
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Apr- 2025 -30 AprilHotels
Hoteliers strive to make up lost ground in March, RSM finds
UK hotels strived to make up lost ground in March, as the gap in occupancy and room rates year-on-year narrowed, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of UK hotels remained relatively flat in March…
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Mar- 2025 -31 MarchHotels
Hotel occupancy flatlines as room rates take a hit in Feb
UK hotel occupancy was up slightly from 70.8% to 71.5% in February year-on-year, and from 72.8% to 73.1% in London, according to the latest data from RSM. However, the average daily rates (ADR) of occupied rooms in the UK decreased from £125.96 to £123.69 in February year-on-year, and from £180.89…
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11 MarchHotels
Hotel staff costs jump in January ahead of employers’ NIC rise
Staff costs in the UK hotel sector jumped in January, hitting profits even before April’s rise in employers’ National Insurance contributions and National Minimum Wage, according to data from RSM. The data shows total hotel payroll costs as a percentage of total revenue rose from 28.8% in December 2024 to…
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Feb- 2025 -6 FebruaryEconomy
BoE cuts interest rates to 4.5%
The Bank of England (BoE) has voted to cut interest rates from 4.75% to 4.5%, the lowest level since June 2023, but warned that GDP growth has been “weaker than expected”. At its meeting this week, the bank’s monetary policy committee voted by a majority of 7–2 to reduce the…
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Jan- 2025 -13 JanuaryEconomy
Hospitality accounted for 10% of UK administrations in 2024
The hospitality industry accounted for 10% of administrations in 2024 – the fourth highest sector in the UK – according to analysis by full-service law firm Shakespeare Martineau. A total of 1,718 businesses, 172 of which came from the hospitality sector, filed for administration – marking a 28% and 5%…
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Nov- 2024 -27 NovemberFeatures
Key takeaways from HOSPACE 2024
The HOSPACE 2024 conference, hosted by the Hospitality Professionals Association (HOSPA) on 14 November at the Royal Lancaster London, marked a milestone in an unexpectedly positive year for UK hospitality. With record attendance exceeding 600 leaders and innovators, the event delivered critical insights and discussions on the industry’s evolving landscape. …
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Oct- 2024 -31 OctoberEconomy
Budget reaction: Rising costs ‘latest blow’ to hospitality’s recovery
The hospitality industry has criticised chancellor, Rachel Reeves’ first budget, with UKHospitality claiming it is the “latest blow” to the sector’s recovery. Yesterday, Reeves announced a series of measures aimed at raising £40bn in taxes, including employers’ national insurance contributions rising to 15%, alongside hikes in both the National Living…
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29 OctoberLatest News
Today’s news in brief – 29/10/24
Whitbread recently completed a sale and leaseback of two Premier Inn hotels in Westminster and Oxford. This deal, a 30-year lease with five-year Consumer Price Index (CPI) reviews, netted £56m at an initial yield of 4.25%. As Whitbread pursues a goal of 125,000 rooms across the UK and Ireland, it…
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