UK Hotel Sector Faces Cost Challenges with £1.4 Billion Wage Increase and £28,900 Average Business Rates Hike
💸 During Q2 2026, the UK hotel sector faced operating cost challenges, with a £1.4 billion statutory wage increase and an average business rates rise of £28,900 per hotel. London saw hotel performance decline, with occupancy falling from 78.9% to 77.4% and RevPAR decreasing from £157.68 to £156.60. In contrast, regional markets like Glasgow and Cardiff experienced RevPAR growth of 14% and 10%, respectively, driven by major events and domestic tourism.
Share