Archive for the Bookings Category

Hotel industry confidence ‘low’ despite increased bookings

Confidence in future bookings and revenue is the lowest it has been since September 2016, according to a UKinbound-backed survey. The latest Business Barometer members survey, compiled by Qa Research in conjunction with UKinbound, suggests that hoteliers confidence is low in spite of the same survey showing that bookings, visitor numbers and revenue yield are on-par or higher than 12 months ago. Just 53% of respondents showed confidence in future bookings, compared to 67% in September 2016. Higher costs of food and beverage, the dampening effect terrorist attacks and strong competition were some of the reasons cited by those who

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