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…
Sunday 12th of May 2013 Things to do in London: Stand above the River Thames with the London Tower Bridge Exhibition
Saturday 11th of May 2013 Things to do in London: Tate Modern hits headlines following new exhibitions
Friday 10th of May 2013 Things to do in London: Masterpieces on display at the Estorick Collection of Modern Italian Art
Thursday 9th of May 2013 Things to do in London: Firepower at the Royal Artillery: Where football meets weaponry
Wednesday 8th of May 2013 Things to do in London: BAPS Shri Swaminarayan Mandir a 'testament to diversity in the capital'
Tuesday 7th of May 2013 London attractions: Botanical beauty is at the heart of Kew Gardens
Monday 6th of May 2013 What better way to conclude an exciting trip visiting the best of London attractions than to watch...
Sunday 5th of May 2013 If you want to see the very best of London attractions, and experience all that the city has to offer,...
Saturday 4th of May 2013 London attraction: Meet the legends at Chelsea Stadium!
Friday 3rd of May 2013 Things to do in London: Get up close and personal with Queen Elizabeth at the National Portrait Gallery
Thursday 2nd of May 2013 Things to do in London: Head down to the Courtauld Gallery for a taste of fine art