Hotels in London suffered a drop in occupancy, average room rate and revenue per available room (RevPAR) last month as November served up the second worst profit decline of the year for the capital's venues.
London hotel occupancy fell by nearly 2 per cent in November although the average daily room rate did see an increase, according to data released from hotel consultancy PKF which indicates UK hotel performance was flat last month as economic problems...
Strong hotel business in most parts of the country over the past few months will help brace the industry for a tough road ahead as the effects of the Government’s spending review start to be felt
Liverpools status as the European Capital of Culture has led to the citys hotels recording a 15 per cent rise in yield from rooms booked in February. London also saw figures rise, but Cardiff failed to capitalise on the Six Nations rugby factor.
