Reading Time: < 1 minuteWorldwide: Revenue management software Duetto has acquired financial benchmarking platform HotStats.
Reading Time: 2 minutesUK: According to data from RSM Hotels Tracker, hotel room rates have increased by 13 per cent for the year to February 2023, beating the rate of inflation at 10.4 per cent.
Reading Time: 2 minutesUK: Data from trade association UKHospitality in association with research agency CGA has revealed that despite 2022 sales topping pre-Covid levels, 32 per cent of hospitality businesses are at risk of going under in the next year.
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