Hotels, hospitality and tourism

Experienced support for hotels, destinations, and holiday parks

A couple with suitcases checking a map at a hotel reception desk.

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.

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.

Our latest hospitality accounting insights

A young family emerge excitedly from their beach hut holding buckets and spades.

Furnished holiday lets latest: No way to run a tax system

30 August 2024

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Taxing tips: The tax treatments of tips, service charges and troncs

6 August 2024

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Furnished holiday lets – abolition of special tax rules

30 July 2024

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Five colleagues standing on a cobbled street in a South West city.

Online ski operator Heidi raises £5.6m funding for growth

16 July 2024

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A United Airlines plane is flying through a very grey cloudy sky.

Worldwide Flight Services expands with Swedish acquisitions

28 June 2024

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Beach at Mousehole fishing village near Penzance.

What is happening to the furnished holiday letting rules?

2 May 2024

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Picture perfect thatched cottage

The furnished holiday lettings (FHL) regime

4 April 2024

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A close up picture two hands poised over a laptop with the blurred image of three colleagues stood in the background.

Uncertainty and directors personal risk

28 March 2024

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Seagulls soar through a clear blue sky above a white thatched cottage hidden by seagrass on a sandy beach.

Restricted use holiday lets

13 March 2024

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Two women pull their suitcases along a path leading to to their holiday accommodation.

Furnished holiday lets tax regime abolished – Budget 2024

6 March 2024

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A close up view of a laptop screen and keyboard as someone conducts a hotel booking search.

Hotel occupancies: Reflecting on the 2023 summer season

8 December 2023

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Waiter placing a cup on a table whilst carrying a tray with a tea pot on

Rates relief for retail, hospitality and leisure businesses – Autumn Statement 2023

22 November 2023

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Meet our experts

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Tom Roach

Partner and head of hospitality & tourism sector

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Nick Farrant

Partner, audit and head of food & drink sector

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See the difference experience makes

Contact us for a chat about your business challenges and goals.