We have some more year to year data to share with you. The Month of July is a very quiet month in nearly all of our markets, so it is with great pleasure that we are able to publish growth in all three of our Year to Year Markets in Revenue:
London (based on 7, 5* properties) +28%!
Dubai (based on 17 properties) +9.69%
Stockholm (based on 20 properties) +6.51%
As you can see the 7 London hotels continue to post impressive revenue gains on last year following on from June's 25% increase. Once the sample has grown and more hotels are included, it will be fascinating to see if the London Market is really recovering or not. The other question is this - How bad was 2009? Is this why the year to year data is showing such big increases in London?
It is such a shame that hotels are not able to give us better year to year data - we will continue to collect it, and in turn that will provide us with better trend data.
Look out for July data soon for all of our markets! What do you think? Do you feel there is more business coming through to your markets? comment below!
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