by Alastair Campbell
Given the turbulent economic times witnessed in the UK since 2008, it would be easy to imagine that the nation's hotel furniture has been standing empty; however, that is anything but the case.
In fact, figures from Mintel indicate that cash-conscious Britons have been making far more trips within their home country, not only helping them to save on the cost of a long-haul holiday, but also helping the domestic tourism industry to thrive.
Between 2007 and 2012, the domestic holiday market grew in value by 19% - no mean feat in a climate of insolvencies and administrations in many other sectors.
More than one in eight (13%) of those surveyed by Mintel revealed that they have reduced their number of overseas holidays during the downturn, but have increased their number of holidays within the UK to compensate.
All of this means more demand and more investment funds for hotel furniture refreshes, and it is not too late, by any means, to capitalise on this continuing 'staycation' trend.
Between now and 2017, Mintel forecasts single-digit growth of 9% in holidays - but it's worth remembering that the figure is lower than it might otherwise be, because of the reduced interest in long-haul trips.
There should also be more money available to put towards new restaurant furniture as, while Brits are being careful about what they spend on eating out, Mintel anticipate 7% growth in foodservice industry value by 2017.
Overall, it seems many consumers are not eliminating their discretionary spend, as is often suggested; rather, they are being watchful about where they spend their hard-earned cash, but are still happy to part with it where they perceive there is good value to be found.
That includes domestic breaks and the occasional restaurant visit - which is good news all-round for those working in hospitality industries.
As the forecasted increases in incomes for those industries begin to materialise in the years to come, those that perform best are likely to be the ones who reinvest some or all of their profits in refurbishment works, with refreshes of hotel and restaurant furniture unlocking even more of the potential to make a good first impression on customers.