UK Hotels better deals
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UK Travel news advice: With occupancy down, UK HOTELS offer even better deals, with UK chain hotels facing the most challenging trading conditions in years.
London is predicted to suffer from a 12% drop in room revenue (RevPAR) this year followed by a further 0.5 per cent dip in 2010. With 4 Star London hotels on offer at £49.50
WHICH is good news for you, as UK hotels offer even better deals, and are better value for money as rates drop…
In the provinces, RevPAR is expected to decline by eight per cent this year and a further two per cent in 2010.
But hotels are in a better position to withstand the recession than they were during the last economic slump in 1991.
“It is our prediction that despite the coming heavy falls in Revenue, UK hotels will maintain profit conversion at a higher level than they did in the early 1990s.
“UK hotels are better prepared for recessionary times due to a combination of structural reforms to cost bases during the intervening years and far greater access to markets through today’s enabling technologies.
“In addition, they enter this recession enjoying much higher occupancies. Then, there was something of a lag of six months between economic change and its impact on hotel trading.
“Things move faster these days; although forward visibility remains minimal, any reaction to more positive economic news will be more rapid.”
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Thursday, March 11 2010 03:52 am




