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  • Latest Predictions for UK Hotel Occupancy Rates in 2016

    Alarming news items, such as the recent floods in Cumbria, may have raised concerns about UK hotel occupancy, but it seems the outlook is generally positive for the UK's hospitality industry in 2016. Respected sources such as PWC have predicted growth, albeit not huge growth, for the year ahead. The year-on-year forecast for room occupancy growth was forecast to be 1.6% in 2015 but only 0.6% in 2016. This means 2015 occupancy was 76% and rose to 77% in 2016, if growth continues as predicted. However, the hospitality industry is vulnerable to external pressure such as geopolitical events. It's unclear what events may arise that could impact on the travel, tourism and hospitality sectors over the next 12 months. Continue reading

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