UK hotels squeezed by labour costs and higher interest rates
Stronger demand has failed to offset rising wage costs and higher interest rates, leaving UK hotels squeezed by staffing pressures, labour shortages, and debt servicing costs.
30 June 2026
30 June 2026
Stronger demand has failed to offset rising wage costs and higher interest rates, leaving UK hotels squeezed by staffing pressures, labour shortages, and debt servicing costs.
According to the company, the NH Riyadh Prime Square Hotel will have 121 rooms and suites.
The openings are the 30-room Ginger Siwan in Bihar and the 70-room Ginger Agra Fatehabad Road in Uttar Pradesh.
The property will be situated in Kuala Lumpur’s Golden Triangle and feature 268 suites.
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