>UK Hotel bankruptcies soaring on recession

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>The full impact the recession has had on the UK’s hotel industry was laid bare today by new figures showing that sector insolvencies soared 120% since last June.
Research by administrators PricewaterhouseCoopers also showed that 90 hotels have already failed in the first half this year, compared with 36 in the first six months of last year, a rise of 150%.

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