NeuVision Hospitality Management Services (“NVHMS”) has been organized in the UK as a group specialising in the growing hospitality industry in the UK and Europe. The Company’s mission is to be a provider of advisory and asset management services to that market. NVHMS was formed in the UK in 2009.
NVHMS has chosen to focus on well-known hospitality leisure destination locations in the UK, Switzerland, France, Germany and Italy.
The United Kingdom is also one of the most popular tourist destinations in the world. The UK attracts tourists in huge numbers of visitors and this has created business opportunities in the country. The hospitality and tourism industry is one of the fastest growing sectors in the UK Hotel industry, the UK is expected to present significant market opportunities over the next ten years.
In the first 9 months of 2016, a total of 124 new hotels have opened in the UK with over 8100 rooms in total. The hospitality industry in the UK employs 6% of the total working population i.e. 1.7 million people. Out of these, around 15% work in the hotel industry, 19% in pubs, clubs and bars and 11% in contract catering. 44% of inbound travel and tourism spending in Britain is by EU holidaymakers and business travellers, who contribute GBP 9.55 billion to the UK economy.
The British Government has undertaken several initiatives to attract tourists into the country. Thus, it can be expected that investing in the UK hotel service industry can yield appreciable gains for investors in the near future.