London Pass BlogBack to Blog
Save on London attractions and save London hotels
Published: Tuesday 29th of September 2009
Hoteliers in London have survived the recession by replacing business travellers with leisure travellers visiting the city to take in London sights, according to PricewaterhouseCoopers (PwC).
Figures from Tri Hospitality Consulting reported that London hoteliers have seen average room rates decline by 7.3 per cent in the current month, compared to 13.1 per cent in July.
Liz Hall, head of hospitality and leisure research at PwC, said that trading was still bad for hotels but the trend of "staycations" - people visiting and staying in the city to visit London attractions - has helped stop a bad situation getting worse.
"They are still some of the worst trading conditions for around 30 years overall. But averages hide a lot of contrasts and its quite complex this time. London and a few regional cities with more universal appeal have benefited," she added.
Ms Hall also said that the "foreign exchange factor" (the decline in value of the British pound) has helped to attract overseas visitors to England's capital.
Posted by Kevin Smith.
Follow The London Pass blog to learn about the latest news with attractions, sights and sightseeing events in the city. As well as useful tips, hints and advice for visitors to the city and how to make the most of your sightseeing time in London. We hope you enjoy…
Friday 31st of May 2013 London attractions: Explore Tiger Territory at London Zoo
Thursday 30th of May 2013 London attractions: Witness the very best of opera and art house at the Curzon Chelsea
Thursday 30th of May 2013 Things to do in London: Have a great time at Namco Funscape
Thursday 30th of May 2013 London attractions: Churchill War Rooms honours one of the 'greatest Britons'
Wednesday 29th of May 2013 Things to do in London: Relive the greatest sporting moments at Twickenham Stadium
Tuesday 28th of May 2013 Things to do in London: Sail through the history behind the London Canal Museum
Monday 27th of May 2013 Things to do in London: See some of the most talked-about plays at the National Theatre
Monday 27th of May 2013 There are three things that every kid loves best. Sweets, cartoons and chocolates. So if you are planning...
Sunday 26th of May 2013 London attractions:Shakespeare's Globe theatre a must for all poetry fans
Saturday 25th of May 2013 London attraction: Visit the founding fathers at Benjamin Franklin House
Friday 24th of May 2013 Things to do in London: Sing to the tune of British Music Museum