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The hospitality and tourism industry faces both opportunity and challenges following the recent Brexit vote. Opportunity comes from the weaker pound which results in inbound and domestic tourism being increasingly attractive when compared to more expensive overseas travel, but challenges arise from the inflation this weaker pound causes. With prices set to rise on imported goods protecting profits will be key.
Our team of specialists have commissioned and produced a Hotel Occupancy Report, that tracks occupancy statistics alongside room rates for the summer and winter months. The report is focused on six key regions in the North of England and South West of Scotland allowing those involved in the Hospitality and Tourism industry an insight into emerging and regional trends applicable to their own business; alongside wider movements affecting the industry as a whole.
You can read our latest Hotel Occupancy Report, reporting on data up to September 2016, together with earlier issues here. To register your interest to receive future reports please complete your details in the form below.
In response to those challenges noted above our September 2016 edition incorporates a guest publication by Enhance discussing what businesses can do to combat rising commodity prices. If you would like more information on our Hotel Occupancy Reports, or would like to speak with one of our specialist team regarding matters affecting your business, please get in touch.
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