Average daily rates, also known as ADR, for hotels in the UK, have been relatively resilient over the past decade. Between 2021 and 2023, hotels quickly passed on inflationary costs to consumers as the pandemic was in the rearview mirror and travellers were keen to get back on the road.
UK Hotels Prove To Be a Good Hedge Against Inflation Over the Past Decade
Long-Term Average Daily Rate Broadly Follows the Inflationary Trend Outside Major Shocks
CoStar Analytics
August 16, 2024 | 7:59 AM
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