Demand for Scotland's hotels has increased in June with people still wanting to travel this summer, but this was not enough to offset increasing staff costs as profits fall, according to the RSM Hotels Tracker.
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As Oasis fans prepare to gather at Murrayfield Stadium for a weekend at the Live 25’ reunion tour, demand for hotel rooms in Scotland has skyrocketed, with rates increasing by almost 200%, RSM analysis shows. The audit, tax and consulting firm found the average cost of room rates in Edinburgh
The number of new technology incorporations in Scotland jumped to a record high in Q2 2025, as businesses adapt to a world of uncertainty, according to RSM UK. RSM’s analysis found a total of 507 new tech companies were incorporated in Scotland in Q2 2025, jumping 15% from 442 in the same peri
April’s increased employer costs continued to bite for Scotland’s hoteliers in May, according to RSM’s Hotels Tracker, as room rates increased but profits fell. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows average daily rates (ADR) of occupied
RSM UK’s regional managing partner for Scotland, Ross Stupart, examines the potential ramifications of the recent UK government Spending Review for Scottish businesses and the subsequent fiscal decisions the Scottish Government faces. With the UK suffering sluggish domestic growth, falling emp
Scotland’s hoteliers were hit with a double whammy in April, as they faced a rise in employment costs, along with price pressures on room rates, yet still saw an uplift in profits, outperforming the wider UK market, according to the RSM Hotels Tracker. The data, which is compiled and produced
Audit, tax and consulting firm RSM UK has made several key hires in its Aberdeen office to support the firm’s regional and national growth ambitions. The latest hires include Robbie Simpson as audit director, Ciaran Fines as assistant tax manager, and Naeema Joji as assistant audit manager. Th
Occupancy and room rates dipped slightly for Scotland’s hotel sector in March, with further headwinds expected amidst the increase to employers’ National Insurance contributions from April, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and anal
As leading retailers become the latest victims of cyber-attacks, RSM UK is advising businesses to review their cyber risk controls to ensure they are as robust as possible. Earlier this month the government launched its National Cyber Security Centre (NCSC) Cyber Governance Code of Practice, providi
New figures show the total reported amount lost to fraud reached £2.3bn in 2024, according to a freedom of information request by RSM UK to Action Fraud. Total reported fraud losses increased 6% to £2,255,491,192 in 2024, from £2,115,281,935 the previous year as fraudsters become i
Stuart McCallum examines the potential consequences of higher US tariffs on two of Scotlands key exports – whisky and salmon – considering how producers might adapt and the possible effects on consumers and the wider economy. Whisky and salmon are two of the largest exports from the UK s
RSM has named Ross Stupart as its new regional managing partner for Scotland and Northern Ireland. Currently the office managing partner for RSM’s Edinburgh office, where he will remain based, Mr Stupart will now also spearhead the firm’s growth strategy across the region. He will a
Over a third of property experts have identified tax restrictions announced in the 2024 Autumn Budget as a major impediment to real estate investment this year. This is according to RSM UK's Real Estate 360 survey, which recorded 35% of businesses saying that additional tax restrictions will be a ke
Staff costs in Scotland’s hotel sector jumped in January, hitting profits even before April’s rise in employers’ National Insurance contributions (NICs) and National Minimum Wage (NMW), meaning pressures are only set to intensify, according to the RSM Hotels Tracker. The data, whic
Scotland’s mid market and luxury hotels have continued to experience robust growth, as the cost-of-living dissipates and consumers upgrade their choice of hotel, with the budget market being hit the hardest, according to the RSM Hotels Tracker: Focus on Asset Classes. The data, which is compil