BRITAIN'S HOTEL MANAGERS will this month learn whether their recession-busting optimism has proved justified.
TRI Hospitality Consulting polled more than 100 UK chain hotel bosses for their views on an economic upturn. Almost three-quarters (73 per cent) of those polled predicted increased second-quarter room revenues, with 65 per cent forecasting higher occupancies compared with Q2/09.
The managers were slightly cagier on room rates, with 53 per cent calculating they could afford to push prices higher, and 13 per cent anticipating no change.
A gloomy 10 per cent of the sample reckoned rates would end the quarter more than five per cent lower than in last year's second quarter.