The government said it will reform how business rates are calculated for pubs and hotels to create a fairer system. The Treasury has hired a specialist to study current valuations and recommend updates. This follows a review initiated by the BBC and a pledge from The Guardian to make the valuations fairer.
Archipelago Hotels says it is expanding into new domestic and overseas markets as tourism grows. At the same time, recent reports from 36Kr highlight findings that have revealed internal issues in some hotel properties. The Financial Times examined the Treasury's expert review while Yahoo Finance UK highlighted the company's future goals.