91% of hoteliers say budget will cause…

A new survey revealed that 91% of hoteliers say costs have surged since the Autumn Budget, with six out of 10 reporting a hike of more than 20 per cent. 

In stark findings from Great Britain’s largest group of independently run hotels, BWH Hotels – which represents over 200 hotels including Best Western branded properties – more than a third (36%) of hoteliers expect their costs to rise by more than £100,000.

For some, the impact is potentially crippling – with independently operated hotels facing cost increases as high as £750,000. 

Half of the independent hoteliers surveyed attribute this hike to increases in employers’ National Insurance and 32% say it’s down to increases in the National Living and Minimum Wage.

As a result, 83% of…