Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13983)           
UK only International

Potential slump anticipated for London hotels this summer

By Aoife Dowling    24 Apr 2013

London hotel industry experts anticipate a potential slump this summer, according to discount travel website Hotwire.com.

Hotwire said that although the British government predicted that an additional 4.5 million visitors would visit the city in the four years after the 2012 Olympic Games, analysts and industry experts are starting to sense that this may be an overly optimistic view

Historically, post-Olympic years have been challenging for hoteliers in host cities as many built new properties for the Games, but were unable to fill them the years after.

In 2011, one year after the Vancouver Games, the city's average hotel prices fell by 29 per cent as occupancy numbers dropped. The same was seen in Beijing where revenue per available room fell by 43 per cent following the Games.

Hotwire said that even amidst the projected tourism boom of last year, the number of tourists to London actually dropped from 3.36 million to 3.18 million.

Tara Stangel, director of Hotwire.com's hotel team, said: "London hoteliers will have to be more creative when it comes to sustaining occupancy during these post-Olympic years. Many seem to sense this already as we've seen an uptick in hotels utilising new channels to maximize revenue."

Sign up for FREE ezines

Company profile

Company profile: Rubb Buildings Ltd
Rubb Buildings Ltd designs and manufactures relocatable, semi-permanent and permanent fabric engineered specialist sports buildings.
View full profile >
More company profiles

Featured Supplier

Cornerstone Connect helps Active Blackpool tackle health inequalities
Active Blackpool is deploying Cornerstone Connect, a new digital interface allowing disparate information from multiple systems to be aggregated into one dataset, to support its focus on reducing health inequalities and improving healthy life expectancy.
View full details >
More featured suppliers

Property & Tenders

Location: Stratford, East London.
Company: Lee Valley Regional Park Authority
Location: Y Felinheli, LL56 4QN
Company: Newmark
Location: Newhaven, Sussex
Company: EiA Real Estate
Location: Tutbury Castle, Staffordshire
Company: Savills
Location: Oxford
Company: University of Oxford
More properties & tenders

Diary dates

21-24 Sep 2026
The Langham Huntington Pasadena , Pasadena, United States
06-08 Oct 2026
Messe Stuttgart, Stuttgart, Germany
22-22 Oct 2026
QEII Conference Centre, London
26-29 Oct 2027
Koelnmesse Exhibition Centre, Cologne, Germany
More diary dates