Living Wage
Covers the impact of the Living Wage on the UK hotel industry, focusing on how wage increases influence operational costs, staffing strategies, and overall business sustainability. Reporting includes analysis of the financial pressures faced by hoteliers due to rising wage bills, adjustments in pricing strategies, and the broader implications for employment within the sector. Also features insights into the balance between fair compensation for workers and maintaining profitability in a competitive hospitality market.
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Jun- 2025 -6 JuneFeatures
Predictions vs reality: testing OakNorth’s outlook on hospitality
The hospitality trade is a hard one. It runs hot in summer, cold in winter, and never moves in straight lines. Despite costs rising and customers shifting, the doors must open and the lights must stay on. As a lender to hotels, pubs and restaurants, OakNorth sees much of this…
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May- 2025 -22 MayHotel Brands
Travelodge revenues and profits hit by ‘tough market conditions’ in Q1
Travelodge has reported a drop in revenues from £205.5m to £198.4m, and a group EBITDA loss of £8.4m, down from profits of £4.9m in 2024, for the first quarter ended 31 March 2025, as its trading was hit by “tough market conditions”. The group stated that its sales were supported…
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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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Apr- 2025 -16 AprilFeatures
Could Donald Trump help the London hotel market?
London has always been a strong hotel market and it has only gone from strength to strength since the pandemic. However, as costs and macro-economic factors continue to eat away at margins could the market be in for a correction. Will Kirkpatrick, head of hotels and extended stay at Newmark,…
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Mar- 2025 -27 MarchHotels
Soaring labour costs squeeze hotel profit margins in the UK, CoStar finds
Soaring labour costs are squeezing hotel profit margins in the UK, according to CoStar after its latest data revealed a 34% increase over the past five years. During the same time, total revenues grew by around 26%, further underlining the challenges facing the hotel industry. Furthermore, according to CoStar, a…
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26 MarchEconomy
Chancellor resists calls for business relief in Spring Statement
Chancellor Rachel Reeves has resisted calls from businesses for relief ahead of the upcoming tax changes this April, as part of her Spring Statement today (26 March). UK businesses had been hopeful the chancellor would raise the relief rate for retail, hospitality, and leisure after cutting it to 40% in…
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14 MarchNews-In-Brief
Today’s news in brief – 14/3/25
Joginder Sanger, a prominent hotelier and philanthropist, passed away in London at 85. Originally from India, he moved to the UK in 1961 and built a successful career in hospitality, establishing renowned hotels like the Washington Mayfair and The Bentley in Kensington. He was instrumental in introducing Hilton’s Doubletree and…
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14 MarchHotels
Marine Hotel Ballycastle receives expansion greenlight
The Marine Hotel in Ballycastle has announced that it has received planning permission for a major expansion project. The hotel will be adding 16 additional bedrooms, 10 self-contained apartments on the former country club site, and a rooftop bar and terrace overlooking the sea. Alongside this, the hotel is looking…
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Feb- 2025 -25 FebruaryFeatures
Bracing for Budget changes: hotelier insights
When the Autumn Budget 2024 was announced, the impact on the hospitality sector was immediately clear. Rises to National Insurance, the National Minimum Wage, the National Living Wage and business rates will all cost the hospitality sector £3.4bn. Hoteliers have known of these incoming changes for a few months, but…
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Jan- 2025 -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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