UK Hotel Trading Performance Review 2022
The pandemic provided an exceptional opportunity for the UK hotel sector to reset, with strong growth and recovery in trading performance in 2022.
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The report provides a detailed review of hotel revenues, costs, income and profitability, through our comprehensive analysis of HotStats data.
In addition, we provide our forecasts and outlook for 2023, to facilitate planning and strategic decision making, at a time where the UK hotel sector endures a further sustained period of challenging market conditions.
Whilst no hotel business is immune to the effects of an economic downturn, the current position in the cycle – one of recovery coming out of the pandemic - suggest a different outcome playing out for the UK hotel sector. There is still room for growth and more relevant at this time, rather than concerns over a dramatic meltdown, is how the speed of a sector in recovery will be impacted.
The Fairmont Windsor Park, Opened January 2022
UK Hotels Trading Performance Review - 2022
The market leading report provides detailed insight into the operational revenues, costs, profitability and KPIs of the UK hotel sector. Despite rising cost pressures, in 2024 the UK Hotel market delivered another strong and profitable year of trading, with improved profit margins.
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