000 00915cam a2200205 4500
001 WB3546-16
008 000000n1999 000 0 eng u
035 _a(Sirsi) u102634
245 _aInvestors see no room for optimism
260 _c1999
490 _aGuardian
_v 23 November 1999, 31(2)
520 _aA survey of the UK hotels market by TRI Hospitality Consulting reveals reveals that occupancy rates are higher, but the average room rate has fallen to £61.24. Whitbread's decision to pay £578m for Swallow's 36 hotels highlights the trend for consolidation in the hotel industry, where profitability is under pressure, and investors are steering clear of the sector.
590 _aWB
650 _aHOTEL INDUSTRY
650 _aPROFITABILITY
650 _aOCCUPANCY RATES
650 _aWHITBREAD
690 _aPROPERTY-COMMERCIAL PROPERTY-COMMERCIAL PROPERTY FINANCE AND INVESTMENT
942 _n0
999 _c61629
_d61629