Demand for hotels increased in June with people still wanting to travel this summer, but this was not enough to offset increasing staff costs as profits fall, 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 rose from 82.7% […]
Today’s ONS labour market figures show payrolled employees in the accommodation and food services industry continued its downward trend, falling from 2,111,898 in April 2025 to 2,100,827 in May 2025, and down 4.6% from 2,201,193 in May 2024. Vacancies in the sector also continued declining, down from 82,000 in the three months to April 2025 to 79,000 […]
Increased staff costs continue to hit the bottom line for hotels, with investment in AI expected to rise as hoteliers look to create efficiencies, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows average daily rates (ADR) of occupied rooms in London dropped […]
An Aberdeen personal trainer has gained £3,000 in grant funding after accessing support from Business Gateway, enabling him to take his business to the next level with his own dedicated premises. Marcus Lee, founder of Hybrid Performance ABZ, helps health-conscious locals improve their well-being through a holistic offering that includes private one-to-one personal training, small […]
Oxford is not only a world-renowned academic and historical hub; it’s also a thriving tourist destination with over 2,428 holiday rentals listed on HomeToGo alone as of April 2025. However, the Budget announcement on 30th October confirmed a major blow for Oxford’s FHL (Furnished Holiday Let) property owners. With changes that came in April 2025 […]
Scotland’s capital continues to dominate the UK hotel market, securing the first position in the 2025 Colliers UK Hotel Market Index. Edinburgh’s exceptional occupancy rates (85 %), strong Average Daily Rate (ADR) growth (up 10 % from 2023), and robust RevPAR performance (up 13 % on the previous year) makes a potentially attractive location for […]
Hotel occupancy holds up year-on-year in February, but room rates take a hit as UK hotels have to work harder for less, 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 was up slightly from 70.8% to 71.5% in […]
Asia Travel Specialist (ATS), a Stockport-based travel company known for its deep expertise in South East Asia, has secured £50k from NPIF II – GC Business Finance & River Capital Smaller Loans, which is managed by the consortium as part of the Northern Powerhouse Investment Fund II (NPIF II). The funding will support ATS as […]
The latest company insolvency statistics show accommodation and food services insolvencies fell 7% from 3,747 in the 12 months to January 2024 to 3,474 in the 12 months to January 2025. However, insolvencies in the sector increased 21% month-on-month, from 225 in December 2024 to 273 in January 2025, and were up 3% when compared to […]
Staff costs in the UK hotel sector jumped in January, hitting profits even before April’s rise in employers’ National Insurance contributions (NICs) and National Minimum Wage (NMW), meaning pressures are only set to intensify, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows total […]
