Kate Nicholls of trade body UKHospitality says that the sector is facing a “tough winter”, with businesses needing “enhanced grant support to keep venues alive and a solution to the ongoing rent debt problem that continues to linger over the sector”.
Of course, the impact is not even across all parts of the market. While London is heavily reliant on business travel, events and international tourism, hotels with leisure-oriented businesses and subsectors more attractive to UK ‘staycationers’, such as aparthotels, are expected to recover more quickly. Market expectation is that consumers will feel safer in aparthotel accommodation for the foreseeable future, which is likely to assist even those aparthotels in major cities and currently …
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