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 [...]
A five star hotel might offer the lap of luxury, but in the midst of a global financial crisis this might not be the best accommodation choice for your budget. Luckily, there are still other options available including more affordable hotels as well ultra affordable hostels. It is important to evaluate what you want [...]