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 [...]
Luxury holidays usually cost the earth. We investigage whether the credit crunch will turn all this on it’s head, enabling people to have a greater choice of luxury holidays on a smaller budget. Luxury Hotels, Will They be Cheaper in 2009 All too often, luxury hotels don’t like to offer much in the [...]