Hotes fare badly
Hotes fare badly
- 1993
- Guardian 10 April 1993, 30 Financial Times 15 April 1993, 25 Sunday Times 11 April 1993, 3.3(3) .
Hotel occupancy is low and investors are cautious of pouring money into the hotel industry aware of the unwise lending to hotels by banks. The failure of the third largest hotel group in Britain, the Queens Moat Houses has been announced.
BANK LENDING
HOTELS
INVESTMENT
LONDON
ROOM OCCUPANCY
TOURISM
Hotel occupancy is low and investors are cautious of pouring money into the hotel industry aware of the unwise lending to hotels by banks. The failure of the third largest hotel group in Britain, the Queens Moat Houses has been announced.
BANK LENDING
HOTELS
INVESTMENT
LONDON
ROOM OCCUPANCY
TOURISM