Home Sectors Hotels, hospitality and tourism

Hotels, hospitality and tourism

Experienced support for hotels, destinations, and holiday parks

When uncertainty is an everyday part of your business, it helps when your accountant has an industry-wide view

As a tourism professional, planning for the future goes with your territory. How many sectors can say their business profits hinge on roadworks or a weather forecast?

Rising costs and staffing shortages have made planning for the future even more difficult. If you’re still carrying debt from the pandemic, your job becomes tougher still.

That’s where an experienced advisor – with a view of the whole hospitality and tourism sector – can really help.

At PKF Francis Clark, we work with hundreds of leading hotels, attractions, destinations, and holiday parks. You’ll find our clients from Cornwall (where we support 40% of the top-rated hotels) up to the Scottish Highlands. We use that insight to help you make great decisions.

Our annual hotel occupancies report gives a clear picture of the sector. Want to know how your profitability or staffing costs compare to other similar establishments? Just ask. We can provide overarching comparisons to provide reassurance and assistance in assessing the profitability of particular areas of your business.

Many clients want to find the freedom and confidence to invest, purchase, or expand in a market where your choices have long-term effects. Giving consideration to business structuring and debt management are second nature and we can support you in developing your personal, family and business needs.

Services for hoteliers and tourism professionals

Corporation and income tax returns

Payroll and auto-enrolment pensions advice

Staff retention bonuses and incentive plans

Strategic tax planning

Investment, finance, and debt restructuring

Succession planning and family business support

If yours is a family-run business, you’ll know the unique challenges and rewards of balancing those competing needs. Thanks to our long history, we have plenty of experience working with companies across generations – listening carefully to everyone’s ideas and goals.

With a tailored, all-round view combining tax, fundraising, and financial planning, we’ll ensure your hard work delivers the most it can for your family. We’ll help you find the best way forwards when it’s time to pass the business into new hands.