The UK hospitality sector is thriving and is now the fourth largest industry in the UK, creating one in five new jobs since 2010 according to the British Hospitality Association (BHA).
But it is not all smooth sailing. Brexit has brought with it greater uncertainly and businesses in the industry are facing a growing number of challenges, from staff sourcing issues, fluctuations in exchange rates and increases in the minimum wage to the ever present terrorist threat. Finding the right location at a competitive price is an increasing challenge.
In such a fast-moving, people driven industry, we understand how difficult it can be to keep abreast of the latest developments while ensuring the everyday running of your business is efficient as possible.
Our hospitality experience
By combining our sector knowledge with practical and informed advice, we have helped many of our hospitality clients to make long term and positive changes to their businesses. We advise businesses across the spectrum of the industry, with our clients varying in genre, location, and size; from hotel groups and restaurant chains to public houses, guest houses, function suites and even greyhound stadiums.
In order that we can provide a service that fits and reflects your individual needs, our hospitality offering comprises specialists from our offices within virtually all of the largest tourist centres in the UK, who are experienced in dealing with clients from a more local and regional perspective, as well as on a national basis. We also have international capabilities through our association with our international network, UHY, with offices in all of the world’s largest tourist centres.
We are also well connected in the hospitality space and can introduce you to lawyers, bankers, consultants and other advisors as required.
The next step
If you would like to discuss the hospitality accounting and support services that we can provide for your business, please contact one of our hospitality partners, or complete the contact form.