East Mids hospitality sector back from the brink
New research has revealed that East Midlands hotels, pubs and restaurants are amongst the region’s most improved businesses in terms of financial security.
Figures compiled by insolvency body R3’s Midlands branch, using Bureau Van Dijk’s Fame database, show that under a quarter (23.7%) of hotels in the region are at higher than normal risk of insolvency, marking a five point decrease from the 28.7% at heightened risk in November 2015, less than six months ago.
Likewise, the proportion of restaurants [37.6%] and pubs [34.7%] wi... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
