Here you will find our forecast for the UK hotel industry for 2018, and what we think will be the key drivers and trends, impacting hoteliers in the coming year.
Across the attractions sector, there are signs that tech-savvy customers want more innovative, immersive and interactive experiences which provide value for money
In our revised forecast for 2017 and first view for 2018, we see a weak pound helping hotels defy global uncertainty.
Online gambling is in rapid growth around the world and accounted for $38bn (or c. 11%) of global gross gaming revenue (GGR) in 2016.
Forecast for the UK hotel industry for 2017, and what we think will be the key drivers and trends, impacting hoteliers in the coming year.
PwC European cities hotel forecast: Economic, Travel and Supply Outlook Eurozone GDP will continue to expand by around 1.6% in 2016 and 1.7% in 2017, but changing balance of global growth, low oil prices and geopolitical risks will determine the global economic outlook for 2016.
Do hoteliers know the risks you are taking? What should they do about cyber security, data theft and privacy?
The UK accounted for c.60% of the total transaction volume in 2015 for Europe.
2016 is expected to see solid but weaker growth for the hotel sector in the regions and slightly healthier, but modest growth in London.
2016 will concentrate on developing a cohesive Glasgow - Edinburgh tourism industry
London’s hotel sector saw variable growth in 2015, following a record 2014. The Paris terrorist attacks impacted leisure demand in December and into January 2016. High new supply additions in 2016 won’t help but while we are cautious, we think this hotel cycle has some room for more modest growth and that the year will pick up. Accordingly, we forecast modest RevPAR growth of 1.9% in 2016 and 2.2% in 2017.
Our European cities hotel forecast for 2014 and 2014. The European Cities Hotel forecast features 18 of Europe’s most important gateway cities. For each city, we provide a forecast of occupancy, ADR and RevPAR, as well as the economic outlook and our analysis of the opportunities driving tourism and investment in 2014 and 2015.
The social media opportunity for hotels
In Europe the trend for country-by-country regulation of online betting and gaming (referred to here as gaming) is continuing with a number of countries considering regulation of online gaming or changes to their existing regulatory regime, for example regulation of online gaming in the Netherlands, and the introduction of a Point of Consumption tax in the UK. The online regulatory regime now looks very different to a few years ago.
How can hotels achieve the right kind of growth in a digital age? A toolkit for fighting commoditisation
Rather than just thinking in terms of channels, hotels need a business strategy that focuses on providing the guests with what they want, when they want it.
Digital and mobile platforms are changing everything for the hotel industry. In 2012, for the first time, over 1 billion international business and leisure travellers were recorded. Changes in global demographics and rapid technological change mean these consumers have different expectations, greater freedom of choice and a high degree of familiarity with digital technology. Online sales of hotel bookings account for over 32% of lodging industry revenue today.
London hotels both old and new will leave a powerful legacy post 2012 after huge investment - Infographic
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PwC’s new global gaming report looks at trends and innovations in the casino industry, as well as examining the uncertainty and regulatory complexities around online gaming.