But it’s not Black and White “With 75% of the £500bn UK retail market still dependent on shops, it’s not surprising that the UK’s most intelligent retailer is snapping up relevant core shopping centres and retail parks at bargain basement prices. It’s a safer investment than NUFC!” Tim Vallance - JLL
Group and US Inbound Travel to London To Offset Missing Chinese Tourists LONDON — Keeping demand flowing to hotels takes significant effort and sound strategy, and revenue managers in the United Kingdom now have more external factors to contend with. Hoteliers, consultants and information technology specialists speaking on two panels at this week's Global Revenue Forum said the industry is focused on what it can control and adapting when necessary. Budgeting and cost control are affected by economic factors such as inflation, and understanding why and when guests are ready to book their stays is a constantly moving target as booking windows shift. At the “Leaders” session, Neil Braude, chief operating officer of The Imperial London Hotels, said the discipline of revenue management has shifted a great deal in the past two years due to the presence of many more variables. “Where do you want the business to be in two years’ time?” he asked. “And that is [...]
The Figures Saw a Strong Bounceback in the Later Weeks of January By Paul Norman CoStar News 3 February 2023 | 9:27 UK office occupancy has reached a new high since the pandemic started in the first month of the year. The latest research from Remit Consulting reveals a strong bounce back in the second, third and fourth weeks of the month, with the week ending 27 January recording a national average of office occupancy of 34.3%, the highest figure since the start of the firm’s Return survey in May 2021. The average number of staff working from their offices got off to a slow start at 15.4% on the week ending 6 January, but that included a bank holiday in England and Wales and two in Scotland. Remit's survey has been used by the real estate industry as the most reliable insight into office occupancy since national lockdowns were enforced because of the pandemic in March 2020. The [...]