Growth in NW hotels sector forecast to flatten in coming year
Trading growth will flatten across the North West hotels sector over the coming year, although it continues to hold its own compared with UK levels, says the latest annual Hotels Forecast, today, from business adviser PwC.
Economic uncertainty, weak business travel demand, and an influx of new rooms are blamed for the stalling in progress.
Overall occupancy levels in the UK regions have been averaging 76% since 2015 and are forecast to remain around this level for the next year, with -0.3% growth for 2018 and no growth forecast ... 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...
