tourism News - Boutique Hotelier

8 out of 10 hospitality businesses now closed or unable to trade as Christmas bookings collapse under new tiers

INDUSTRY TRAVEL & TOURISM by Zoe Monk on December 18, 2020

Kate Nicholls, chief executive of UKHospitality said that over half of businesses have insufficient cash reserves to survive more than three months, with the industry burning through £0.5bn cash each month

Scottish hospitality forecasts one-quarter occupancy rates YOY for 2021

SCOTLAND TRAVEL & TOURISM by Zoe Monk on December 18, 2020

Giving evidence to Scottish parliament, UKHospitality Scotland executive director, Willie Macleod says next year looks bleak for hospitality unless further support is supplied

London in tier 3 will have ‘catastrophic’ effect on all country hotels

ALSO IN THE NEWS TRAVEL & TOURISM by Zoe Monk on December 15, 2020

Hospitality figures react to the news that London is to be placed in the highest alert level from Wednesday, with Robin Hutson, founder of The Pigs saying that it means 66% of Christmas bookings will be cancelled across his 8 hotels, due to restrictions in travel between tiers

Airbnb becomes biggest company ever to double its value on stock exchange debut

ALSO IN THE NEWS by Zoe Monk on December 11, 2020

On its first day of trading yesterday, Airbnb’s shares more than doubled with the company being valued at more than $100bn

South West hotels market sales top £42m with ‘healthy appetite’ from investors

BEST PRACTICE HOTEL MANAGEMENT INDUSTRY TRAVEL & TOURISM by Zoe Monk on December 11, 2020

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Following the easing of the first lockdown in July, regional hotel operational performance in key UK staycation markets was strong, according to Savills

Tier system for hospitality halves country’s economic growth rate

INDUSTRY TRAVEL & TOURISM by Zoe Monk on December 11, 2020

UKHospitality's Kate Nichols said that as a country, we could have seen almost double the growth had the sector been able to stay on an 'even keel'

UKHospitality calls for creation of Recovery Fund for at-risk businesses

ALSO IN THE NEWS by Zoe Monk on December 3, 2020

UKHospitality is calling for the government to earmark the £585m of grant support repaid by Tesco to create a Hospitality and Tourism Recovery Fund

Hospitality sector risks £7.8bn worth of trading being wiped out in December

INDUSTRY TRAVEL & TOURISM by Zoe Monk on November 27, 2020

More than 120,000 venues England have been placed into tier 2 or 3 regions, with 94% of UKHospitality members saying they will be unviable or trading at a loss

‘Totally unacceptable’ tougher new restrictions expected for hospitality sector when lockdown lifts

INDUSTRY MARKET DATA OWNERS & OPERATORS by Zoe Monk on November 23, 2020

The hospitality sector is expected to be the worst hit by the new measures when England’s lockdown 2.0 expires in December, with operating times still restricted and stricter tier 3 rules for pubs and restaurants

UKHospitality CEO tells MPs sector needs ‘clear, evidence-based’ tier restrictions ready for reopening

INDUSTRY TRAVEL & TOURISM by Zoe Monk on November 17, 2020

Kate Nicholls has appeared in front of BEIS to stress the need for advance notice of the December reopening, ‘clear, transparent, evidence-based’ restrictions with a clear end date for sector businesses, as well as a long-term support strategy

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