UK Hoteliers Worry Inflation Might Thwart Recovery From Pandemic

Owners Want More Help From Brands To Offset Bottom-Line Losses

Inflation and cost pressures are more pronounced in the United Kingdom than in the United States or other parts of Europe, and hoteliers are feeling the strain, especially hotel owners.

In the latest figures from the U.K. government’s Office For National Statistics, inflation rose 7.8% year over year in April, up from 6.2% in March. The inflationary increase is the highest level since the ONS began compiling data in 2006.

Additional pressures include labor shortages and higher wages, exacerbated by the closing of staffing opportunities from the European Union, and the U.K.'s currency, the pound sterling, weakening against major currencies such as the U.S. dollar.

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