Economy

UK room rates surge 13% to outpace inflation

Furthermore, the gross operating profits of UK hotels were up nearly 7% to 24.4% last month and were up 6% to 31.6% in London

Average daily rates for occupied rooms in the UK rose to £128.94 outside of London and £196.26 inside of London, an increase of 13% for both, according to data from RSM and hotstats.

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