How will hospitality cope after the budget?
When we last reported on the financial health of the hospitality sector in June this year, the position was far from positive. In particular, we noted that: The
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How is the hotel industry being forced to change?
According to a 2024 Bismart report the global hospitality market is on track for remarkable expansion in the next three years, projected to reach $1,063 billion by 2028,
Staffing challenges in the hotel industry
Unfortunately, there is a maddening lack of meaningful sub-analysis of employment data for the hospitality sector, but there’s little doubt that the hotel industry has more than its
How are the latest business rates & minimum wage rises affecting the hospitality sector?
The embattled hospitality sector has another front to fight on. This week has seen media headlines about pub closures rapidly increasing by 51% in Q1 2024 compared to
Staffing issues still holding back UK hospitality
The UK hospitality industry faces many challenges, not least its steadily deteriorating finances as detailed in our recent sector report. Among the most intractable are ongoing and chronic
Service sector activity accelerates in April
It’s impossible to overstate the importance of the service sector to the modern UK economy. According to research by the House of Commons Library, it represents 81% of