LONDON'S hotel occupancy levels dramatically slumped by more than 13% in August as an aftermath to July's terrorist attack, according to figures released by the hotel consultancy service PKF (UK)
This time last year, the room use was 80.2% attracting on average £100 per night. This figure only dropped marginally by 3.2%. In the Provinces occupancy grew to 73.9%, while average room rates rose 2.9% to £64.91.
Over the next few weeks the major hotel groups are expected to produce half year figures which will give a further indication of how London is doing but from a visual indication during last week, it seemed as busy as ever.
http://www.pkf.co.uk