Tag: Energy Costs


Third of U.S. Hospitality Businesses at Risk of Going Bust Due to Soaring Costs, New Survey Reveals

October 31, 2022

Via: Hotel News Resource

The organisations’ joint Q4 Hospitality Members’ Survey showed that 35% of respondents were expecting to be operating at a loss or be unviable by the end of the year, with 96% experiencing higher energy costs and 93% facing food price […]

Finance and Development, Trends

UKHospitality Predicts 'Widespread Business Failure' and Calls on Goverment for Energy Costs Action

August 31, 2022

Via: Hotel News Resource

UKHospitality has called on the Government for urgent support if thousands of hospitality businesses are to avoid collapse this winter in the face of soaring energy costs. In a letter to Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng, UKHospitality […]

Finance and Development, Trends

Travel Companies Looking to Address Rising Energy Prices

April 6, 2022

Via: Hotel News Resource

Holiday surcharges are a real possibility in the travel and tourism industry as companies grapple with the rising energy prices. Segments such as lodging, transportation and tourist attraction etc., will certainly be impacted. Therefore, travel and tourism businesses will be […]