UK Hotels Face Margin Squeeze as Wages Rise
Industry grapples with cost pressures amid competition for staff
Hotels across the United Kingdom are confronting tighter profit margins as rising wages and labor shortages drive up operating costs.
Industry leaders warn that businesses may need to adjust pricing strategies or reduce services to maintain profitability, highlighting broader challenges in the post-pandemic hospitality recovery.
Industry leaders warn that businesses may need to adjust pricing strategies or reduce services to maintain profitability, highlighting broader challenges in the post-pandemic hospitality recovery.
