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
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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
Occupancy and room rates of Scotland’s hotels has grown year-on-year, but profits dipped slightly as cost pressures started to bite, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of Scottish hotels increased ye
The number of new UK technology incorporations in Scotland rose 5% in 2024 compared to 2023 figures, in contrast to the UK data, which saw a 5% reduction in the number of new tech incorporations, according to analysis by audit, tax and consulting firm RSM UK. The data shows a total of 1,663 new tech
Stuart McCallum discusses the challenges and opportunities facing Scotland's whisky industry in 2025, including potential tariffs, a slowdown in the Chinese market, and increased competition, while also noting the potential for growth in tourism. Scotland’s whisky industry is bracing for a tur
Scotland's hotel sector enjoyed a buoyant November, with occupancy rising to 78.1% from 74.6% the previous year, according to RSM's Hotels Tracker.
RSM UK has appointed Lisa Macpherson-Fletcher as tax partner in the private client advisory team. Based in the firm's Edinburgh office, Ms Macpherson-Fletcher is a Chartered Tax Adviser with over 20 years’ experience advising clients from a range of industries and sectors in succession and est
Ross Stupart, RSM’s head of tax in Scotland, considers the Scottish Government's recently-published tax strategy. One of the main criticisms businesses have aimed at the Scottish Government’s approach to tax so far has been the lack of alignment with wider economic policy.
A report by audit, tax and consulting firm RSM UK and industry body Make UK shows that the use of data analytics improves business efficiency for manufacturers, but a lack of digital skills is a barrier to adoption of digital technology. The report, which was published ahead of the Scottish Budget&r
Mild weather and the October half term has seen Scotland’s hotels buck the seasonal trend, maintaining strong levels of occupancy and gross operating profits, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of Sc
As Scotland anticipates the Budget announcement and a new government tax strategy on 4 December, Ross Stupart outlines what could help businesses to thrive north of the border. The Scottish Budget represents an opportunity to give Scotland’s businesses greater transparency on the government&rs
Scotland’s hotel sector has outperformed the wider UK hotel industry in September, continuing the positive trend seen throughout 2024, according to the RSM Hotels Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of Scottish hotels was up fro
Scotland’s luxury and mid market hotels have experienced a boost, as consumers are trading up their choice of hotels and demand for budget hotels falls amidst easing cost-of-living pressures, according to RSM. The RSM Hotels Tracker: Focus on Asset Classes, uses data compiled and produced by H
RSM’s UK and US arms have announced they are conducting merger talks, which are now at an advanced stage, subject to definitive agreements and customary legal, regulatory and other approvals. The firms' new structure would establish a partner-owned organisation spanning locations across the UK
Scotland's hotels have seen a surge in occupancy, room rates, and profits this August, exceeding the rest of the UK, according to RSM.

