Inflation
U.K. Inflation Falls to 3.9%
'Consistent reductions in the overall rate of inflation is good news for the economy but it will feel far from reality for hospitality businesses.'
Advertisement
Topic - Inflation
Inflation
UK Inflation Falls to 4.6%
As the Office for National Statistics confirm the rate of inflation has fallen again to 4.6%, UKHospitality is urging the Chancellor to take action on business rates in the Autumn Statement to avoid an inflationary spike early next year.
Inflation
Americans Are Saving More and Feeling Better About Finances, but Inflation Remains a Persistent Stressor
While 74% of Americans feel at least moderately in control of their finances this year, inflation has caused 19% to cut back on necessary spending
Inflation
UK Inflation to Drop £864m Business Rates Bombshell on Hospitality
With the rate of inflation in September revealed as 6.7%, it is now confirmed that the planned inflation-linked rise in April will cost hospitality businesses an additional £234 million.
Inflation
Stubborn UK Inflation Raises Business Rates Alarm
New figures from the Office for National Statistics show that inflation fell 0.1% in August, to 6.7%.
Inflation
Inflation Abomination - How Inflation Affects Hotel Revenue Streams, Expenses - CoStar
A presentation on inflation's effects on hotel profitability at the 2023 Hotel Data Conference highlighted hotel rates on a real basis are still down compared to 2019 while hotels continue to face increasing costs, particularly from labor.
Inflation
UK Inflation Falls, but Rates Hike Fear Remains
UKHospitality Responds to July U.K. Inflation Numbers
Inflation
UKHospitality Responds to June U.K. Inflation Numbers
'The rate of inflation reducing more than expected is good news for hospitality businesses, but it remains the case that food and energy costs are incredibly high. '
Inflation
UK Hospitality Responds to April U.K. Inflation Numbers
It’s encouraging that we have seen a more substantial drop in the overall rate of inflation, but it is worrying that food and drink inflation remains stubbornly high.
Inflation
UK Hospitality Responds to Office for National Statistics U.K. Inflation Numbers
'It’s becoming increasingly concerning that we’re not seeing inflation decrease as quickly as many hoped, particularly when business costs are experiencing inflation far higher than the 10.1% released by the Office for National Statistics today'