The UK’s top 30 hotel groups have debt levels 44% higher than they had during the credit crunch, making it more difficult for the sector to weather the Covid-19 economic crisis without Government help, according to private wealth law firm Boodle Hatfield.
UK’s top 30 hotel companies have debts 44% higher than during credit crunch
Ratio of debts to assets has weakened as debts reach £6bn, according to Boodle Hatfield
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