Wednesday 2 January 2013

Well, There's a Shocker

From the FT

Hotel occupancy rates suggest the Olympics also failed to act as an advertisement for London as a tourist destination after the games. Jeremy Hunt, the then culture secretary, said in August that the games would “turbocharge” the tourism industry on the back of “a globally enhanced reputation”.
Yet in both London and the regions, occupancy rates in September and November have been flat year-on-year, according to hotel consultants PKF.
So, are any of the supposed benefits still standing or is that it?

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