{"id":19878,"date":"2023-01-11T10:45:44","date_gmt":"2023-01-11T10:45:44","guid":{"rendered":"https:\/\/www.moorethompson.co.uk\/blogs\/?p=19878"},"modified":"2023-01-11T10:45:46","modified_gmt":"2023-01-11T10:45:46","slug":"how-hospitality-and-tourism-are-transforming-in-the-uk","status":"publish","type":"post","link":"https:\/\/www.moorethompson.co.uk\/blogs\/how-hospitality-and-tourism-are-transforming-in-the-uk\/","title":{"rendered":"How hospitality and tourism are transforming in the UK"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-02.12.2022-5-1024x576.png\" alt=\"\" class=\"wp-image-19879\" srcset=\"https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-02.12.2022-5-1024x576.png 1024w, https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-02.12.2022-5-300x169.png 300w, https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-02.12.2022-5-768x432.png 768w, https:\/\/www.moorethompson.co.uk\/blogs\/wp-content\/uploads\/2023\/01\/M.T.-Blog-Graphic-02.12.2022-5.png 1280w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>With the UK\u2019s hospitality and tourism sectors continuing to evolve, the pandemic and cost-of-living crisis have played a big role.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>For example, whilst looking for an alternative to holiday destinations abroad, many people&nbsp; are opting for a break in their own country.<\/p>\n\n\n\n<p>This trend of staycations has allowed local businesses to benefit from increased tourism as well as giving individuals and families a chance to explore what the UK has to offer.<\/p>\n\n\n\n<p><strong>Looking to convert your second home?<\/strong><\/p>\n\n\n\n<p>A recent survey led by Airbnb revealed that more than a third of current UK Hosts chose to become Hosts to help battle the cost-of-living crisis.<\/p>\n\n\n\n<p>Transforming your second home into an attractive and profitable holiday rental is a great investment, providing a chance to make your money go further.<\/p>\n\n\n\n<p>This can be an affordable way to generate additional income and offset some of the financial burdens associated with owning a home.<\/p>\n\n\n\n<p><strong>How does this affect hospitality?<\/strong><\/p>\n\n\n\n<p>The hospitality industry has faced a variety of obstacles in recent years, including staff shortages, rising food and energy costs, and increased taxes.<\/p>\n\n\n\n<p>Now that the pandemic has shifted the way people travel and consume services, businesses are encountering additional problems as they attempt to recover.<\/p>\n\n\n\n<p>However, profits are set to grow by 30 per cent, according to a recent UK Hospitality Challenges report. It is anticipated that the majority of this will come from restaurants, pubs, and bars.<\/p>\n\n\n\n<p>Additionally, those visiting holiday lets are likely to spend their time and money on local businesses, giving the hospitality industry a boost.<\/p>\n\n\n\n<p><strong>Looking ahead<\/strong><\/p>\n\n\n\n<p>If you run a hospitality or tourism business, making changes to how you operate and manage costs, as well as adapting to new customer demands, is vital.<\/p>\n\n\n\n<p>With careful planning and innovative strategies, the UK\u2019s hospitality and tourism sectors can continue to grow stronger than ever before.<\/p>\n\n\n\n<p><strong>Need advice on matters related to the above? Contact us today.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the UK\u2019s hospitality and tourism sectors continuing to evolve, the pandemic and cost-of-living crisis have played a big role.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[26,4,33],"tags":[],"class_list":["post-19878","post","type-post","status-publish","format-standard","hentry","category-blog","category-business","category-business-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/posts\/19878","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/comments?post=19878"}],"version-history":[{"count":1,"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/posts\/19878\/revisions"}],"predecessor-version":[{"id":19880,"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/posts\/19878\/revisions\/19880"}],"wp:attachment":[{"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/media?parent=19878"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/categories?post=19878"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.moorethompson.co.uk\/blogs\/wp-json\/wp\/v2\/tags?post=19878"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}