Opodo travel news

British hoteliers feeling optimistic

British hoteliers feeling optimistic
19 Sep 2013

The majority of UK hoteliers are feeling confident going into 2014, despite lingering worries about the economy. 

Almost two-thirds (59%) are optimistic about their business's profitability next year, in spite of the fact more than half (52%) worrying that the UK's slow-growing economy will have a negative impact on their hotels. 

This level of optimism is higher than the European average (56%), although it's lower than the rest of the world, with 79% of Central American hoteliers expecting to turn a profit in 2014. 

The TripBarometer study also revealed that 53% of UK hotels will increase their room rates next year, with a third expecting increased room bookings

'UK hoteliers are generally pretty confident about the year ahead, and they have every right to be ... with a growing middle class in emerging markets in Asia and South America set to boost travel spending around the world,' commented James Kay, a spokesperson from TripAdvisor, which conducted the survey. ADNFCR-408-ID-801639579-ADNFCR

Rate this article (5 great; 1 terrible):