UK Chain Hotels Market Review - December 2011
London hoteliers record a 4.7% increase in profit per room in 2011
A difficult end to the year has not stopped hoteliers in London recording a second consecutive year of profitability growth, according to the latest HotStats survey of approximately 550 full-service hotels across the UK by TRI Hospitality Consulting. The 4.7% increase in profit per room in the capital in 2011 was primarily due to a 6.1% increase in Revenue per Available Room (RevPAR), which was led by a 7.
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