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UK Budget to raise taxes by £40bn: Hospitality industry reacts

Serviced Apartments

Reading Time: 7 minutes UK: UK Chancellor Rachel Reeves MP has delivered a Labour Budget for the first time in 14 years as the government warned of “difficult” decisions to “restore economic stability” and plug a £22 billion black hole in public finances that was estimated by the Office for Budget Responsibility [OBR].

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The rise of staycations: how UK hotels can capitalise on domestic tourism

Hotel Owner

It is estimated that in 2021 alone, domestic travel accounted for 96% of the UK’s total travel and tourism expenditure while two years prior, in 2019, it represented 81% of the total expenditure. In 2023, the share of Britons taking a domestic summer holiday, or staycation, in the UK increased by 50% compared to the previous year.

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10 Best Accounting Software for Travel Agencies

Travel Booster

Are you tired of spending countless hours tracking down transaction records, trying to reconcile accounts, and manually generating financial reports? But fear not, intrepid travel agency, because we’re here to help you navigate the choppy waters of accounting software. The List of Best Accounting Software for Travel Agencies: 1.

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Joseph Klam named Remington CFO

Hotel Business

With almost 40 years of industry experience, he will lead efforts out of the company’s corporate offices in Dallas and oversee financial planning, accounting and global financial operations. Remington Hospitality has appointed Joseph Klam as CFO.

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Travelodge hails ‘record’ FY results and completes lease re-gear

Hotel Owner

The group said its performance reflected the resilience of the UK budget hotel market and was driven by strong levels of domestic leisure demand, a rapid recovery in ‘blue collar’ business demand, with a more gradual recovery in ‘white collar’ corporate demand.

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Airbnb China: Alternative apps & strategies for hotels

SiteMinder

As a result, Airbnb decided to shut down its domestic operations in China in 2022, leaving a gap in the market for both travellers and accommodation providers. It offers a wide range of properties, from urban apartments to rural homes, and caters to both domestic and international travellers. Is there Airbnb in China?

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STAAH New Integrations 2023

STAAH

Find out more here Travepic is an emerging B2B Travel Portal with a growing domestic presence. Find out more here Be it luxury hotels, beach hotels or budget hotels, airasia hotels offers you over 500,000 hotels worldwide to choose from according to your needs and budget. Find out more here 5pm.co.uk