The government said it will reform how business rates are calculated for pubs and hotels to make the system fairer. The Treasury has hired a specialist to examine property assessments and propose adjustments. This follows a review launched by the BBC and a pledge from The Guardian to make the valuations fairer.
Archipelago Hotels plans to start moving into new domestic and overseas markets as tourism continues to build. Meanwhile, recent reports from 36Kr highlight findings that have exposed hidden problems in some hotel properties. The Financial Times examined the Treasury's expert review while Yahoo Finance UK outlined the company's future goals.