The data from the ebs hotel supply website, which is run by the British hotel and tourism industry, tells us that the industry is suffering from a shortage of supply.
It shows that hotel supply has dropped by over 7% over the past two years.
This means that the amount of hotel supplies we have to sell each month is now almost double the amount we are spending on accommodation, says Eberhard Deisseroth, Chief Executive of ebs.
This is a huge blow for the hotel industry, which depends heavily on hotel sales to survive.
Deisseroths comments on the decline in supply are: “If you look at the number of hotels that have sold, it is almost double what it was five years ago, so there is a lot of pressure on hotels to increase supply.”
There is also a big demand for rooms, especially in the cities.
That has been a big problem for hotels.
“A lot of the problems with hotels have to do with overcrowding, so hotels have been reducing room sizes.”
This has made it harder for hotel owners to sell rooms, says Deissers company, Ebersco.
“That has meant that they are selling more rooms than they are getting from the supply chain, so the supply of rooms is being squeezed.”
It has also meant that hotels are not selling rooms to customers, because they are not getting the payment that they would otherwise get.
“The ebs website says that demand is expected to rise this year, due to the end of the Easter holidays and the summer holidays.
However, there is no guarantee that demand will pick up this year and in the future.
The supply of hotels has also fallen due to a lack of hotels in the city, says the company.”
The city of Bristol is a city of about 50,000 people, so you would think demand would be up this summer.
It is down to about 10,000 rooms.
“But that is also partly because people are not staying in Bristol, so that is going to have an impact.”
In addition, Bristol has had a very bad summer.
We have had an unusually high number of people who died in Bristol due to heat waves.
“The problem for the industry, Deisses company says, is that it needs to raise the money to buy more rooms.
Deisers chief executive says: “The problem is not just that hotels have lost a lot, but that they need to sell more rooms.”
We have been struggling to attract customers for the last year or so.
We have seen a huge amount of cancellations, so we have had a hard time attracting new customers.
But we have also seen people coming back.
The supply of room numbers is not going up, and so that has been very challenging for us to attract new people.”
A hotel is typically sold for a price that is a percentage of its value, and that has not been paid for by the hotel chain.
So when a hotel is sold, a percentage is deducted from that price.
“When a hotel stays in Bristol for 10 nights, we have paid around £250 to the hotel,” says Deisers CEO.
“So that is £250 that we need to borrow from our investors to buy a hotel, to make the next payment.”
This means the company has been struggling financially, with a loss of £300m.
But Deiss has no intention of leaving Bristol.
“We want to stay here,” he says.
“I don’t want to move anywhere else.
I am going to be here.
I have worked here for 15 years, and I want to continue to work here.”
Read more from the Eberscot hotel supply shortage story.
Deistes website says: ‘If you don’t buy in, you don”t stay in’Deissers website says hotel supply is a major concern for hotels and tourism.
“If the demand is not there, it means the supply is low,” says the website.
“If you buy in to buy, you are not going to stay in.”
Deisering says that in the past, the problem has been caused by overzealous buyers.
“We have heard stories of hotel owners who had to buy up to 60% of a room because the seller was out of stock,” he explains.
“And it has also been caused because of sellers who were selling to people who didn”t want to pay more than the price they had been quoted.”
Deiss says that this has made the situation worse.
“For example, in the last two years, we saw an increase in the number and amount of rooms being sold in Bristol and the City of Bristol, and those were not for hotels, but for property developers,” he adds.
The ebersco website says hotels should not be able to rely on hotel supply for survival.”
The hotel industry needs to work with the hotel sector, because otherwise they will be left with no hotel supply.
The ebersco website says hotels should not be able to rely on hotel supply for survival.