January 2023

January 2023

We are delighted to share the results of our latest Quarterly Business Monitor which looks back at business performance between October to end December 2022, as well as a look ahead to enquiries and bookings over the short, medium and long term.

Looking at highlights from the last quarter, respondents were seeing a return to their pre-Covid market mix, as well as a strong festive period. Barriers reported included costs, staffing and recruitment, weather and rail strikes.

Looking ahead, respondents reported that shorter booking windows continue, also the impact of short-term let legislation. However, for the first time in several waves, there is a marked difference in optimism between the next 3 months and the medium to longer-term outlook, with the hotel sector the most optimistic across all three time period.

Below you will find a link to our summary Factsheet, where you can read the highlights from the January Quarterly Business Monitor results. For more detailed results, do have a read of the full slide deck.

As always, if you would like to discuss this research or any other insights needs you have, get in touch at insights@visitabdn.com.