The pub and restaurant market remained flat last month with like-for-like sales only growing by 0.6% compared to the same period last year, despite operators putting up prices to mitigate rising costs.
Consumer spending grew 3.5% year-on-year in July as the cost of groceries continued to push up supermarket spending, but consumers reported another month of ‘feeling the squeeze’, dampening confidence in the wi ... Read more
A strong performance in London helped achieve a 5.5% increase in revenue per available room (revpar) across the UK serviced apartment sector during the first half of 2017, according to data company STR and the ... Read more
London hotels outperformed their regional counterparts during the second quarter of the year with revenue per available room (revpar) up 8.4% to £127.33, compared to an increase of 6.4% to £75.05 across the who ... Read more
Serviced apartment operators are moving away from the original extended-stay concept by embracing short-stay guests and adding new facilities, according to a new report from global hotel consultancy HVS.
The performance of London’s hotels has held up strongly following the terrorist attacks on London Bridge and Borough Market during which eight people died and 48 were injured, according to new figures from data ... Read more
Volatile global supply is giving way to the British summer bounty – albeit with the looming threat of Brexit negotiations – but there are still plenty of opportunities for value on your menu, says Lynx Purcha ... Read more
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