Tag: GBP
Europe falls behind USA in cost of living
Chief Assignment Editor- June 13, 2019 17:15ECA International’s latest Cost of Living report today reveals that Europe now accounts for less than a fifth of the world’s most expensive cities, with 11 European cities dropping out ... Read More
UK hotels suffer their largest profit decline since late 2016
Chief Assignment Editor- May 28, 2019 16:01Hotels in the UK suffered their largest margin of year-on-year profit decline since late 2016, as ancillary revenues fell and costs soared in April, according to the latest data tracking ... Read More
Queensgate Investments acquires four Grange Hotels for £1 billion
Chief Assignment Editor- March 15, 2019 16:54Queensgate Investments has completed the acquisition of the Grange St Paul's EC4, Grange Tower Bridge E1, Grange City EC3, and Grange Holborn WC1 for circa GBP 1 billion. The portfolio ... Read More
Brexit or no Brexit, UK Millennials will travel more in 2019
Chief Assignment Editor- March 13, 2019 19:25Adult British travelers under 40 intend to take 41 percent more vacations in 2019 (an extra two vacations per year on average) and additionally ramp up their vacation spend by ... Read More