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Rising costs, staffing shortages and multi-speed recovery play havoc with the UK hotel sector

A lively Q&A session, moderated by HVS chairman Russell Kett, addressed factors likely to hamper recovery progress. ‘The challenge around financial forecasting particularly if you have London hotels, as well as the pace of the change – when will it come back and how will it come back,’ was a key issue for Arron Taggart of Cheyne Capital, with travel restrictions, lack of airlift and scarcity of MICE business highlighted by Jan-Willem Terlouw of Westmont Group.

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