A tough first three months of the year for London hotels is highlighted by a 7.3% fall in gross operating, according to the latest HotStats UK Chain Hotels Market Review
International visitors to the UK last year benefited from a fall 4% in average hotel prices to just £100 a night, according to the latest Hotels.com Hotel Price Index (HPI).
Hospitality and leisure insolvencies are at their lowest point for more than two years, according to figures from financial advisory company PwC
Restaurants and pubs have raised menu prices by 6%, the highest hike since 2006, as food costs continue to climb
After months of frozen income, the Easter weekend provided a boost for Britain’s leading restaurant and pub groups with like for like sales up 7% on last year
Millennium & Copthorne Hotels (M&C) said strong competition has reduced revenue per room in the first six weeks of 2013, as it reported a 15% fall in annual profits for 2012.