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May 22, 2024

Market Insight: Inflation Update & Hospitality Focus

Martin Gowing Associate Director
David Wallace Associate Director

Download our latest Inflation report, giving you a selection of key data, trends and insights into how inflation has impacted our industry. For this issue we have an additional focus on Hospitality and the current trends within the hotel guestroom fit-out market.

As we move through Q2, the market has remained stable with inflation returning to average and expected levels; we explore the detail behind this headline and the differences between materials, labour and other costs.

Despite rates being considerably higher than pre-covid levels, the industry remains buoyant, with funders returning to the UK market. With some contractors yet to secure full workbooks for 2024/ 25, there may still be some competitive opportunity within the market.

Click on the link to download your free report, and if you want a copy of the previous edition, where we highlighted the Industrial & Logistics sector, please email the team at info@cumming-group.com directly or contact us.

Download the full Inflation Report

Get expert insights on inflation trends, cost breakdowns, and key movements in the hospitality fit‑out market.

Download

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