PropertyEU

UK hotel sector 'feeling the pinch' from higher interest rates

By Marianne Korteweg 2022-08-11T00:00:00

Travelodge hotel in the UK

The Bank of England’s recent 0.5 percentage point hike in interest rates is 'unwelcome news' for the UK property sector in general and will hit the struggling hotel business particularly hard, say industry professionals.

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