HC Deb 14 February 1989 vol 147 c151W
63. Dr. Twinn

To ask the Secretary of State for Employment what is his Department's estimate of the amount of investment in hotels and hotel building in 1988; and if he will make a statement.

Mr. Lee

The English tourist board's "Tourism Investment Reports" show that the total amount spent on hotel building, extension and refurbishment projects, with a value of £0.5 million or more, that were completed in 1988 was £319 million. Investment in such projects which were still under construction on 31 December 1988 was £730 million.