Economy

London hotel rates could rise 9.1% in 2024, despite softened demand

The hotel monitor, which forecasts hotel price trends in more than 80 major cities, found that rates could rise by as much as 17.5% in some cities

Hotel rates in London are likely to increase 9.1% in 2024, despite an expected softening of leisure travel demand, according to the latest annual hotel monitor from American Express

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