Many owner-managed businesses are at risk as a crisis of confidence sweeps across the hotel industry with jobs and profits under increasing threat, it is claimed.

Matthew Maxwell, chief executive of survey organisers, hospitality software company Amateo, said: current business for hotels in the Midlands has already suffered due to the foot and mouth crisis.

recent turn of events have been the final nail in he coffin to many hoteliers in what has been a dire year for the hospitality industry. on Midlands hotels are currently being offered at up to 70 per cent. The result is that they are getting bodies in the door, but they are barely warm.

will raise occupancy levels to an extent, but it will not produce sufficient revenue to survive in the long term. Many hotels are struggling to cover costs with the spate of cancellations and drop-off in bookings

Meanwhile, Tim Sharp, senior manager at Birmingham Business advisers PKF said: we gain back the public confidence in the travelling market, there will be no immediate recovery

Published in the Evening Mail - October 19th 2001

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