Independent UK hoteliers upbeat despite Brexit uncertainty
Two thirds of Best Western GB hoteliers plan to make significant investment to their properties over the next 12 months despite the ongoing uncertainties around Brexit.
A survey of the group’s 260 independent hotels in the UK found 72% say they are undeterred by the prolonged Brexit negotiations and are continuing with their existing investment strategies.
The figures are revealed in the Best Western Investment Survey and, according to the group, they ‘reflect a continued confidence in the hotel market and the devaluation of sterling’.
Best Western said the weak pound is boosting inbound tourism whilst strengthening the domestic leisure market.
Head of member services Andrew Denton, said: "Despite the uncertainties around Brexit, 2019 is proving to be a year of opportunity for independent hoteliers in the UK.
"Our survey findings reveal that property owners are increasingly investing in extra services and infrastructure – such as wider dining options, spa and leisure facilities and bespoke weekend packages – to provide guests with experiences that stand out from their competitor-set, meaning they avoid being drawn into a competition purely on price."
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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