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Consumers trade up in hotels as cost-of-living crisis eases, RSM finds

The biggest increase was in GOP of luxury hotels which rose from £119.49 to £147.23 in the UK in August, and from £127.43 to £164.31 in London

Consumers are ‘trading up’ in their choice of hotel as the cost-of-living pressure eases, causing demand for budget hotels to dwindle, according to data from RSM.

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