Inflation
Covers the impact of inflation on the UK hotel industry, focusing on rising operational costs, wage pressures, and shifting consumer spending. Reporting includes analysis of cost drivers such as energy, food, and labour, as well as the effects of fiscal policy changes on hotel profitability and pricing strategies. Also features insights into how inflation influences investment decisions, staffing, and overall market performance within the hospitality sector.
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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 -31 JanuaryHotels
Ashall Hospitality secures £8m grant for Indigo Hotel project in Blackpool
Blackpool Council has given its approval to enter into a £8m grant funding agreement with Ashall Hospitality LLP to explore the viability of locating an Indigo Hotel at the listed former Abingdon Street Post Office. The transformation is set to be a £26m development of which an £8m grant has…
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23 JanuaryFeatures
How hotels can tackle Budget changes now
The implementation of the Autumn Budget 2024 comes at a time when many hotels have been grappling with balancing the books to ensure they remain profitable. By April 2025, businesses need a plan of action to tackle the additional costs that are set to hit the industry to a tune…
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22 JanuaryHotels
Over £82m worth of hotels transacted in North West England in 2024
North West England saw approximately £82.5m worth of hotels transacted in 2024, with Manchester accounting for almost £31m of those hotels sold, according to new data from Savills. The real estate advisor found that whilst the 2024 regional figure is “slightly” down YoY, with 2023 seeing £85.6m transacted, appetite from…
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16 JanuaryLatest News
Today’s news in brief – 16/1/25
Whitbread reported a 2% drop in total group sales to £763m in the third quarter, largely due to anticipated declines in UK food and beverage (F&B) sales linked to its Accelerating Growth Plan. Premier Inn UK’s total accommodation sales matched last year’s, despite a 3% decrease in revenue per available…
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16 JanuaryHotel Brands
Whitbread maintains 2025 guidance despite dip in Q3 sales
Whitbread has reported that its total group sales were down 2% to £763m in the third quarter due to the expected reduction in UK food and beverage (‘F&B’) sales as a result of its Accelerating Growth Plan. Trading improved for Premier Inn UK during the quarter resulting in total accommodation…
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13 JanuaryLatest News
Today’s news in brief – 13/1/25
Ace Group International has appointed Chris Penn as CEO, rejoining the company after a successful tenure as managing director of Ace Hotel London. Penn, with 25 years in hospitality, has been integral in shaping the lifestyle sector, including founding Birch in 2020. He will oversee the company’s operations, focusing on…
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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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8 JanuaryHotels
UK hotel sector welcomes occupancy boost in November
UK hotel occupancy levels saw a year-on-year boost in November, driven by the start of the Christmas party season, occupancy of UK hotels was up from 76.6% to 79.1%. According to the RSM Hotels Tracker, London also saw an occupancy increase from 79.6% to 82.8% in the same period. The…
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2 JanuaryColumns
From Family Roots to modern hospitality at Clink Hostels
Mark Roeberson, COO of Clink Hostels, represents a hospitality professional whose journey began in childhood and evolved into a career defined by passion, innovation, and operational excellence. With Clink’s expanding portfolio and ambitious refurbishments planned for 2024, Roeberson’s story offers insights into creating a successful, modern hostel brand. A Hospitality…
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