UK hotels experienced a hike in occupancy rates in November, a sign of a pre-Christmas uplift, but there are concerns that the accompanying higher prices could contribute to inflation worries.
Figures show that the average occupancy rate of UK hotels went from 76.6% to 79.1% year-on-year in November, with London witnessing an uptick from 79.6% to 82.8% for the same period, as reported by City AM.
Chris Tate, head of hotels at RSM, commented on the positive trend, saying “Christmas came early”…
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