Hotel Sales Demand – August Report
Contrary to the traditional summer slowdown our August hotel demand update shows all regional UK cities continuing to bounce back strongly, and quicker than their international contemporaries. Whilst there is still plenty of ground to claw back further confidence can be taken from 3rd party evidence reporting of a “balancing up” in the number of international travellers against domestic on a Global basis. This clearly demonstrates pent up demand in business markets, critical to recovery over the autumn into winter.