Explore the latest projects from the UK’s commercial interiors industry, featuring the best of workspace, hospitality, residential and public sectors.

Ingleton Wood's new London home

The multi-disciplinary property and construction consultancy have relocated, creating a showcase office that provides a flexible and collaborative workspace for staff.

01/04/2020 5 min read

Interviews, opinions and profiles from industry experts

Seven Sustainability Myths

The environment continues to be the hottest of hot topics – but how much do we really know and understand? Should we really believe all that we're told? Apparently not. Here, Jon Khoo, Regional Sustainability Manager at Interface, presents seven myths about sustainability

01/04/2020 2 min read

Key industry articles and insights looking at the latest news from the world of commercial interior design

Rethinking workplaces and real estate after Covid-19

A consensus is emerging: the global COVID-19 pandemic will cause acute short-term disruption, and medium-term recession, but it is ripe with long-term opportunities for real estate. David Thame reports.

02/04/2020 4 min read

Discover the latest and most innovative products curated by Mix Interiors.

Porcelanosa’s XTone tile range gets a 2020 refresh

After the success of the 2019 XTone range, Porcelanosa has announced two new natural ranges for 2020: Natura and Macauba.

27/03/2020 1 min read

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Industry Events

Colliers International release the latest city centre hotel business rates

Anyone who doubted the growing menace of business rates for the city centre hotel sector need look no further than the latest data release from surveyors Colliers International.

01/10/2019 1 min read

Colliers has analysed the business rates rises of 93 London hotels that saw the highest rises in their rateable value (RV) following the 2017 Revaluation.

Colliers found that these hotels in Central London will receive a total rates bill of £12.2 million this year, compared to £4.8 million in 2016/7 – that is more than two and a half times higher. The table below shows some of the rises individual hotels have seen which have been (and are still) steep.

The biggest rise is the Four Seasons in EC3  which saw its rates bills rise from £176,000 in the year before the Revaluation to a bill of over £570,000 this year. That’s a lot of extra rooms to fill at a time when hotels are suffering from the impact of other rising costs including staffing and food costs and the ever-growing competition from Airbnb.

Marc Finney, Head of Hotels and Resorts Consulting at Colliers, says: “The indirect tax burden on hotels is now becoming a major issue.  About twenty years ago a hotel could expect to pay between 0.5%-1.0% of revenues on property taxes (business rates).  This is now closer to 5.0-6.0% of revenues.  With profit conversion rates in hotels running at about 30-35% at EBITDA level this makes property taxes equivalent to in excess of 15% and is fast approaching the same levels as Corporation Tax.”

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