Economic Outlook
Coverage of the UK hotel industry’s economic outlook focuses on how macroeconomic trends directly affect hotel operations, profitability, and investment decisions. Reporting examines factors such as inflation, interest rates, and tax policies, alongside shifts in domestic and international travel demand, helping hoteliers understand and navigate the economic challenges shaping their market.
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May- 2025 -7 MayHotel Brands
Marriott cuts revenue outlook amid uncertain demand
Marriott International has reduced its full-year RevPar outlook from an increase of 2%-4% to 1.5%-3.5% as it braces for slower travel demand throughout the remainder of the year. The news comes as part of its first quarter trading update in which it saw RevPar rise 4.1% on base management and…
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Dec- 2023 -12 DecemberHotels
2023 hotel trading performance defies expectations
The UK hotel market has recorded another year of strong trading performance, according to the latest UK Hotel Trading Performance Review 2023 by global property adviser Knight Frank in partnership with HotStats. Despite a “particularly challenging macroeconomic environment”, the sector has delivered strong revenue growth, with profits now exceeding pre-pandemic…
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Jul- 2023 -12 JulyProperty
Specialist investors, HNWIs and family-offices drive hotel investment in H1
There has been a “noticeable shift” in buyer profiles for UK hotel investment in the first half of the year, with specialist hotel-focused investors, HNWIs and family-offices accounting for 70% of transactions, according to new research from Knight Frank. It comes as hotel transaction volumes hit around £860m in the…
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May- 2023 -11 MayEconomy
BoE raises interest rate for 12th time to 4.5%
The Bank of England (BoE) has raised interest rates for the 12th consecutive time to 4.5%, up from 4.25%. The BoE’s Monetary Policy Committee (MPC) voted by a majority of 7-2 to increase the rate by 0.25% in a bid to meet the 2% inflation target. The committee said it…
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Jan- 2023 -23 JanuaryHotel Brands
Apex Hotels returns to profit in FY22
Apex Hotels has returned to profitability in FY22 following the Covid-19 pandemic. For the 12 months ending 30 April 2022, it reported an increase in turnover from £8.0m FY21 to £47.3m in FY22, while operating profit hit £2.9m, up from a loss of £11.2m the previous year. It comes as…
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Dec- 2022 -1 DecemberOpinion
Five festive things hotels can do to prepare for Christmas
With the hustle and bustle of summer long gone, hospitality once again turns to the culmination of the festive season: Christmas. As the days grow darker and colder, hotels are some of the best places that can offer winter cheer, and despite the uncertain economic outlook, this year may prove…
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Aug- 2022 -9 AugustHotel Brands
IHG announces share buyback after revenues rise 52%
IHG Hotels and Resorts has announced a $500m (£412.6m) share buyback after the group reported that its revenue has more than doubled, rising by 52% in its results for the half-year to 30 June 2022. Over the period, the group saw further significant improvement in trading in the Americas during…
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Jun- 2022 -29 JuneHotel Brands
Dalata revenues jump 18% amid ‘faster than anticipated’ recovery
Irish hotel operator Dalata Hotel Group plc has welcomed “faster than anticipated” recovery in the hotel markets over the last four months, and now expects revenue to be 18% ahead of 2019 levels for the May/June period. In its latest trading update ahead of its Q2 results, the group said…
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16 JuneEconomy
BoE raises interest rates to 1.25%
The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its fifth rise in a row as it bids to offset the impact of rising inflation. The Monetary Policy Committee voted by a majority of 6-3 to increase the rate to…
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Mar- 2022 -17 MarchLatest News
BoE raises interest rates to 0.75%
The Bank of England has raised interest rates back to the pre-pandemic level of 0.75% as it tries to mitigate the effect of the rising costs of living and the impact that the conflict in Ukraine is having on the global economy. The Monetary Policy Committee (MPC) voted with a…
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