Home
»
Uk Hotels To Enjoy Growth In 2010
UK hotels "to enjoy growth in 2010" by Cheap Flights Booker UK
The UK hotel industry will slowly emerge from the recession and experience growth this year, according to a report from PricewaterhouseCoopers (PwC).
London will lead the trend, having reported five consecutive months of rising occupancy rates between September 2009 and January this year, the company predicted.
Growth in the entire UK hotel sector is expected to exceed 3% in 2010 and reach nearly 5% in 2011, with average room rates and occupancy both set to increase, according to PwC.
Robert Milburn, the company"s UK hospitality and leisure leader, 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."
London hotels reported occupancy of 82.5% in the final three months of 2009, a record for the fourth quarter of the year.
For Cheap Flights Booker UK cheap flights call 0207 096 1130 to book your flights with Cheap Flights Booker UK and let your journey begin!