The Scottish Hospitality Group has launched a new campaign, warning the Scottish Government that there is just five weeks to save the Scottish hospitality industry. The campaign calls for the Scottish Government to use the Scottish Budget to provide emergency support for the hospitality industry and a new long-term deal to support the sector to […]
The UK hotel industry benefitted from a boost in demand in September as people headed off on staycations across the country to make the most of the Indian summer, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy was up from 79.4% […]
Whilst the hospitality sector in Scotland is facing numerous challenges including increased costs, staffing issues, and changes in legislation, opportunities still remain for businesses to expand and thrive, according to leading financial experts. The Cumberland Building Society, Harper Macleod LLP, EQ Accountants LLP, and Graham + Sibbald have joined forces to offer their insights for […]
The UK hotel sector saw a strong performance during the summer season, but it’s the luxury hotels that have driven the industry’s recovery post-pandemic, with a boost to average room rates and revenues per available room across the UK. Whilst occupancy levels still sit behind pre-pandemic levels, many consumers are also trading down to budget […]
The UK hotel sector saw a slowdown in demand during August, in line with seasonal trends, but the drop in room rates last month was more acute due to the record rates in July, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows […]
An Aberdeenshire nature education and outdoor experience business has successfully expanded its service offering after the business owner received support and funding advice from Business Gateway. Located in Braemar, Aberdeenshire, in the heart of the Cairngorm National Park of Scotland, Wild Braemar provides unique services such as guided walks, wild swimming adventures, outdoor learning, nature […]
Large businesses in the UK are feeling buoyant about the economy, with more than three-quarters (76 %) optimistic about their own prospects, and 59 % feeling positive about the wider UK economy. In contrast, less than a fifth (19 %) felt pessimistic. This is according to data from the first Barclays Business Barometer focused on […]
The Cumberland Building Society has teamed up with other experts to share advice for hospitality business owners on how they can safely expand their business, despite a challenging economic climate. Teaming with Burnetts solicitors, real estate consultants Colliers, and accounting firm Armstrong Watson, The Cumberland highlighted how owners should invest were possible to futureproof their […]
UK hotels saw another increase in occupancy, room rates and gross operating profits in July as the sector returns to the normal seasonal peaks and troughs. However, the rate of growth slowed last month due to a drop in consumer confidence and possibly even the wet weather, according to the RSM Hotels Tracker. The data, […]
Consumer card spending grew 4.0 % year-on-year in July – less than the latest CPIH inflation rate of 7.3 % and slightly lower than in June (5.4 %) – as shoppers continue to be selective about discretionary purchases. While clothing retailers fell back into decline after a surge in June, the hospitality & leisure sector […]
