Reading Time: 3 minutesUK: The Bank of England has cut the cost of borrowing, reducing the base interest rate from 4.5 per cent to 4.25 per cent, a decision that stems from concerns about global economic uncertainties, particularly US trade tariffs.
Reading Time: 2 minutesUK: The Hotel Leadership Conference 2024, organised by the Master Innholders, explored how AI and technology is shaping the current and future workforce and guest experiences.
Reading Time: 2 minutesLouise Gillon, head of hotel finance at Leumi UK, highlights three opportunities for hoteliers and lenders to navigate the recovery.Â
Reading Time: 2 minutesUK: The UK Hotels Forecast 2021-2022 by PwC reveals signs of recovery for the UK hotel market throughout next year, though still below pre-pandemic levels. The
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