Jan 07
The last year has been a fractious one. I think we all suffered from the effects of the banking crisis. It was exacerbated in the hotel business by the panic reactions of hotel companies to perceived rather than actual threats.
The UK market actually held up very well, with occupancy averages touching lows of 63 per cent in the Provinces whilst the capital enjoyed lows on 74 per cent. By Christmas London hotels were once again quite full, with complaints of there being no rooms at the Inn echoing Bethlehem two millennia before.
author Hotel Designs: Industry News, source www.hoteldesigns.co.uk
