Sunnier times for hotels in 2014, but hoteliers see online travel agent costs as clouds on the horizon
The welcome positive outlook for the hotels sector that accompanied the start of 2014 may be marred by concerns arising from online travel agents (OTAs), according to leading hotel operators, banks and investors at the annual Hogan Lovells and CBRE Hotels conference.
More than 150 delegates were surveyed about their confidence in the future of the UK hospitality industry at the event held in London last week exploring the current and future state of the hotel market.
According to the survey, industry optimism has increased significantly from 2013…
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