UK hotels show signs of recovery
The UK hotel industry is experiencing its first glimpse of growth after all the doom and gloom.
London hotels saw occupancy in the last quarter of 2009 reaching an impressive 82.9%., according to the the 21st edition of PricewaterhouseCoopers’ flagship Hospitality and Leisure.
The UK hotels forecast is for overall growth for UK hotels of three per cent in 2010 and nearly five per cent in 2011.
PricewaterhouseCoopers spokesman Robert Milburn said: “Visibility is limited but reports of higher levels of transient visitors, more group conference bookings and a return of the business traveller (albeit slow) are all positive - especially for London.
“Growth in the UK hotel industry reflects the capital’s resilience to the recession. We think the worst is over and London looks set to build on its flourish in late 2009.”
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