London hotel slump signals early hit from Middle East war as occupancy falls again - London Business News

Travel disruption from Middle East conflict begins to hit London hotel stays

Occupancy of London hotels fell in March, in early signs that the Middle East war is hitting international travel, according to RSM UK Hotel Tracker. The data, which is compiled and produced by Hotstats and analysed by RSM UK, shows occupancy of London hotels fell from 76.3% to 74.8% in March year-on-year, but rose slightly from 73.2% to 73.6% in the UK. Average daily rates (ADR) of occupied rooms in London rose 5% from £181.25 to £190.24 in Mar…

London hotel occupancy hit by Middle East conflict

London hotel occupancy fell in March as the conflict in the Middle East began to impact international travel. Data from the RSM UK Hotel Tracker revealed that occupancy in the capital declined from 76.3% to 74.8% year-on-year. The figures, compiled by Hotstats and analysed by RSM UK, indicated a divergence between the capital and the wider country.  While London saw a decline, UK-wide occupancy rose slightly from 73.2% to 73.6% over the same per…

London hotel slump signals early hit from Middle East war as occupancy falls again - London Business News

Occupancy at London hotels fell in March, in what analysts describe as early signs that the war in the Middle East is beginning to weigh on international travel patterns. New… The post London hotel slump signals early hit from Middle East war as occupancy falls again appeared first on London Business News