Hotel Investment Volumes Increase 84% YOY to Reach £4.14 billion in 2021
Following a bumper Q4, where £1.42 billion transacted, total 2021 UK hotel investment volumes reached £4.14 billion, showing an 84.3% increase on 2020 volumes
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News
All the latest news for pubs, bars, clubs, restaurants and hotels in the UK hospitality sector and licensed on-trade industry.
Hospitality Hopes Torpedoed as Scottish Businesses Continue to Pay a Heavy Price for Unevidenced Policy of Restrictions
Responding to today’s announcement from the First Minister that restrictions currently in place for indoor hospitality would continue, UKHospitality Scotland Executive Director Leon Thompson said:
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UK Travel & Tourism Sector Sees a Massive Job Shortfall of More than 200,000 this Year, says WTTC Report
A new analysis of staff shortages by the World Travel & Tourism Council (WTTC) has revealed a significant labour shortfall that could harm the sector’s recovery, with 205,000 Travel & Tourism
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SLTA Accuses Scottish Government of Leaving Hospitality Sector ‘in Limbo’
The SLTA (Scottish Licensed Trade Association) has expressed disappointment and ‘growing frustration’ that there will be no firm decision from the Scottish Government
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Nightcap plc celebrates its first birthday on 13th January 2022
Nightcap is celebrating its first full year of trading, announcing significant growth, despite the tough covid climate.
Following inception in early 2021, Nightcap
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Hoteliers Renew Calls to Extend VAT Reduction
Hoteliers in Bristol have made a fresh plea to the Government to extend the current reduced rate of VAT for their businesses, which face a bleak start to 2022.
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Licensee of The Bell Inn Receives Chair’s Award from Somerset Council
Caroline Halfhide, licensee of The Bell Inn in Ash has been recognised for her outstanding work within her local community.
Caroline has been Licensee of The Bell Inn in Ash for 14 years
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Omicron Fears Cut Christmas Drinks Sales by a Quarter
Britain’s On Premise drinks sales fell over Christmas as consumers reined in celebrations in pubs, bars and restaurants, CGA’s data reveals.
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NTIA Calls for Government to Consider Reducing Covid Isolation Period
The Night-Time Industries Association (NTIA) has called for the government to consider reducing the Covid isolation period for workers, or consider a ‘test and release’ scheme
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Welsh Pubs Lose on Average £16k over Christmas period, as WBPA Urges Wales to Row Back Restrictions
WBPA responds to statement from the First Minister that restrictions will remain in pubs in Wales
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Longer Licensing Hours for Queen’s Platinum Jubilee Bank Holiday Would be Vital Fillip for Covid-hit Hospitality Businesses
UKHospitality has backed plans to extend licensing hours in England and Wales to 1am for this year’s Platinum Jubilee celebrations for HM The Queen.
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BII Launches Recognition Awards
The National Innovation in Training Awards (NITAs) from the British Institute of Innkeeping (BII) have always recognised the best of the best when it comes to training
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Losses at UK’s Top 100 Restaurant Groups Rise to £673m, Up 174% in a year
Losses at the Top 100 UK restaurant groups increased 174%* in a year to £673 million, up from a loss of £246 million in September 2020 says UHY Hacker Young
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Publican Awarded “Millions” After ‘Vendetta’ Ruined Him
An East Northants pub landlord who lost everything when he was wrongly prosecuted in his local council’s ‘vendetta’ is to be paid a seven-figure sum…
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Making Tax Digital for VAT is Coming – Are You Ready?
Businesses are reminded to take steps to prepare for Making Tax Digital for Value Added Tax (VAT) before it becomes mandatory for all VAT-registered
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