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Hospitality & tourism

Energy & emerging market concerns dampen outlook

Business growth indicators in the hospitality and tourism sector took a bit of a nosedive globally in Q1 according to our International Business Report (IBR). Expectations for increasing revenues, profits and investment all fell over the past three months. 

Andress Chang
| 22 May 2014
Hospitality & tourism

Financing scrutiny pushes hoteliers to next level

The financial crisis was devastating for the hotel industry as consumers and businesses pulled back on discretionary spending. However, the report we released this week ‘Hotel Investment 2014 – Finance on a different level‘ reveals that the impact of the crisis was not all bad – certainly in terms of placing the hotel financing environment  on a more balanced and sustainable footing.

Andress Chang
| 05 Mar 2014
International Business Report (IBR)

Doing more with less. But at what cost?

Business leaders in the hospitality & tourism sector are continuing to do ‘more with less’ according to the Grant Thornton International Business Report (IBR) Q3 results. Expectations for business growth remain robust, but job creation is fairly stagnant, reflecting a broader drive for efficiencies within the sector.

Andress Chang
| 21 Nov 2013
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