Although the hotel industry in many areas are struggling under the weight of the credit crunch, occupancy levels in London increased for the months of May, according to PKF’s consultancy services. Comparing May 2008 to May 2009, the occupancy rates were up around 82%, although this may be due to massive discounts being offered to [...]
During the credit crunch, many people either can’t afford to go on holiday at all, or plump for cheaper breaks. For the latter, does a cheaper holiday mean a poor quality holiday and nightmare flight? Not necessarily… Cheap holidays, like cheap anything, come in many shapes and forms. Some are cheap because they are [...]