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Investment in UK hotels hits lowest level since 2012

Hotel Owner

Around £2bn of UK hotel transactions were recorded in 2023, according to new data from Knight Frank, though investment levels hit their lowest level since 2012. Excluding the Covid-impacted year of 2020, investment levels were at their lowest since 2012.

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Is My Hotel Room Pricing Logical?

STAAH

Setting the right price for a hotel room can be a straightforward task for some, yet complex for others. Regardless, the key question remains: Is the price point logical? Decision: Should we increase or hold the retail pricing on online travel agents (OTAs) and the brand website?

Pricing 94
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The Haughmond Inn hits market for £1m

Hotel Owner

The Haughmond Inn, a multi-faceted hospitality business in the village of Upton Magna, has been brought to market by Colliers with a guide price of £1m. The site also includes parking spaces for 22 vehicles.

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Today’s news in brief – 14/10/24

Hotel Owner

The Haughmond Inn, a multi-faceted hospitality business in Upton Magna, has been listed for sale with a guide price of £1m. The couple renovated the site after acquiring it in 2012 but is now selling due to personal health reasons. Melanie described the business as a prime opportunity for further development.

Pricing 98
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Revenue Managers: Yes It’s a Seller’s Market But Don’t Get Greedy

Revenue Hub

In response to the post-pandemic demand surge and faced with constricted inventory due to labor shortages, rising supply costs, and other challenges, hoteliers pushed their prices back to pre-pandemic levels in record time. Sources predict that hotels’ pricing power will remain strong. Why do we do this? Our demand dried up.

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The Warkworth House Hotel hits the market for £1.8m

Hotel Owner

The Warkworth House Hotel in Northumberland has hit the market with an asking price £1.8m The Grade II Star listed hotel, which was originally built in the 1820s, features 14 en-suite bedrooms as well as a bar, restaurant and breakfast room.

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Today’s news in brief – 8/1/23

Hotel Owner

Knight Frank reports that around £2bn of UK hotel transactions occurred in 2023 , marking the lowest investment levels since 2012. The rising cost of living and increased prices during school holidays are cited as reasons for the reduction in holiday plans.

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