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Recent bombings have little impact on hotels

10 August 2005
Recent bombings have little impact on hotels

Recent terrorist attacks on London have had a relatively small impact on hotels, according to the boss of hotel analyst The Bench.

The company, which provides daily hotel market information, said average room rate for July increased by 1.85% year-on-year to £133.01.

At the same time, occupancy fell by 4.19 percentage points to 77.19%.

In the weeks after the July bombings, figures fell steadily until the end of the month. Revenue per available room fell by £2.55 in July compared with last year's figure of £102.68.

The Bench's chief executive James Chappell said: "The bombings have definitely affected the three- and four-star market more than the five-star hotels. A slight downturn has been exacerbated by the fact that Farnborough International Airshow is not on this year - but these are not horror figures."

He said it would be interesting to see whether people would be booking for August and September.

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