Category: Hotel Insolvencies

How to Stave Off Insolvency

Insolvency is something businesses of all sizes are vulnerable to as we have witnessed in recent years. Once a business gets into financial difficulty, then things tend to take on a momentum that is difficult to stop as the slide towards insolvency continues. Sometimes a business can be brought back from the brink if owners…




Are Hotel Insolvencies Set To Increase Following Brexit?

They are according to a recent survey of nearly 2,000 hotel companies. According to accountancy firm Moore Stephens, 1,800 hotels had a 30% risk of insolvency over the course of the next three years. The hotel industry is not alone with the travel industry also facing the threat of more insolvencies with costs increasing due…