London Hotels Beginning to Feel Effects of Recent Terrorist Attacks

godking
24 July 2005 6:00am

London hotels have started to feel the pinch of the July 7 terrorist attacks, but there have not been the widespread cancellations in respect of the business travel market that everyone had feared. However, it seems likely that some leisure visitors are postponing their trips until they feel a greater sense of safety.

According to daily hotel operating data provided by The Bench with some 28,000 rooms contributing data, London´s upscale hotels experienced a fall in weeknight occupancy of around 5 to 6 percent last week over levels achieved in the same week last year.

But for weekend occupancy levels, when most visitors are staying for leisure purposes, the fall in occupancy has dipped to double digits, way below last year´s levels.

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