Did the hotel industry win any gold with London Olympics?


Skift Take

The reality hit the London hotel sector pretty quickly, after the high of the Olympics: it is business as usual amidst the difficult economic environment, and London's RevPAR is expected to decline 1% during 2013, before possibly picking up in 2014.

That's the question this new STR Global/Deloitte report asks and then tries to answer it. While the games were a huge success and UK's image got a huge boost out of it, the report talks about the immediate impact for London's ho