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…
Tuesday 30th of April 2013 London attractions: Go for a glide-by on a Thames River Cruise
Tuesday 30th of April 2013 Things to do in London: Lebanese artist hits headlines at the Tate
Tuesday 30th of April 2013 Things to do in London: Join King Henry VIII at the Medieval Banquet
Monday 29th of April 2013 Things to do in London: Witness the best games in history at the Wimbledon Lawn Tennis museum
Saturday 27th of April 2013 Things to do in London: Learn the language of the sea aboard HMS Belfast
Friday 26th of April 2013 Things to do in London: Get the ball rolling with an Arsenal Stadium Tour
Thursday 25th of April 2013 Things to do in London: Say hallo to All Hallows Church in London
Wednesday 24th of April 2013 Things to do in London: War Child draws to a close at the British Music Museum
Tuesday 23rd of April 2013 Things to do in London: Add a touch of royalty to your trip at the Queen's Gallery
London attractions: Discover the other side of household favourites at the Museum of Brands, Packaging and Advertising
Monday 22nd of April 2013 Things to do in London: Discover the other side of household favourites at the Museum of Brands, Packaging and Advertising
Sunday 21st of April 2013 London attractions: Francis Goodman featured at the National Portrait Gallery