HOTREC warns that higher VAT rates in hospitality could harm Europe’s tourism industry, leading to job losses and economic downturns, especially in rural areas.

UK hospitality sector accounts for over half of all job losses since the 2025 Budget, as tax hikes and National Insurance changes hit businesses hard.

Amritsar’s tourism industry is facing a severe downturn as escalating tensions between India and Pakistan disrupt travel, leading to job losses and economic instability.

US airlines are facing significant challenges in 2025, with more than 5,000 jobs being lost as a result of economic pressures and a notable decline in consumer spending.

UK hospitality confidence hits a two-year low as rising costs loom. Industry urges government to delay NICs changes to prevent job losses and business closures.