UK Hotel Occupancy Dips

A new study from HVS, AlixPartners, and AM:PM, which looked at 12 cities, found the country s smallest increase since 2012. Experts say the numbers point to a plateau in British hotel occupancy that, if it continues, likely will cause suppliers to cut rates to boost demand. In London, occupancy dropped nearly 1%, to 80%, for April, according to another study from research firm STR. The drop is due to the ongoing threat of terrorism and supply outpacing demand, STR analysts said.

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