U.K. Hotels closing down despite rise in UK "staycations" | bbc.co.uk

The number of hotel firms that failed last year rose 61% compared with 2008, accountancy firm Wilkins Kennedy says. People holidaying at home boosted room demand but a slump in business travel and problems getting bank loans is said to have affected companies. Disruption caused by the volcanic ash could lead to further negative impact on the hotel sector, the study says.