London chain hotels saw a ‘marginal’ rise in occupancy levels in June, according to latest data.
The occupancy level of 87% was up by 0.3% over the same month last year but the average room rate dropped by more than seven per cent to £158.93.
The figures reflect a resilience of the market, according to TRI Hospitality Consulting.
Deputy managing director David Bailey said: “With the summer holidays approaching and assuming we are luckier with the weather, it is likely London will achieve a strong performance due to the continuing weakness of the pound although the swine flu pandemic will inevitably impact.”
by Phil Davies
