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Growing Demand Buoyed By Inbound Tourism for UK Hotels In 2025
2024-12-12 18:50:54| Hotel Resource
The outlook for UK hotel market demand in 2025 suggests a generally positive picture. While the below&average UK GDP growth of 1.6% in 2025 could dampen UK domestic business and leisure demand, UK interest rates are predicted to reduce, resulting in a weakening pound. This could boost inbound tourism, given the UK's relative affordability for international travelers.
Category:
Hospitality
LATEST NEWS
New European Commission Mandate to Reshape Business Travel
2024-12-12 17:48:52| Hotel Resource
The European Union has transitioned to a new Commission mandate as of December 1, 2024, under the leadership of Greek Commissioner Apostolos Tzitzikostas, who is responsible for 'Sustainable Transport and Tourism.' This change is expected to bring about significant shifts in the business travel industry.
Category:
Hospitality
Hospitality Transactions and Development: Insights from Industry Experts
2024-12-12 17:38:07| Hotel Resource
At the recent annual meeting of Cayuga Hospitality Consultants, we brought together a panel of experts to discuss the state of transactions and development in the hotel industry. Here is a look into some of the key topics and points from the panel.
Category:
Hospitality