Word: hotelbenchmark
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Dates: during 2004-2004
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...everywhere, but not everyone can afford them." Britain may be the best European locale for hoteliers to cash in. The occupancy rate in London has jumped 10% this year; average room rates are up 8%. "There's still a lot of upside," says Julia Felton, who heads Deloitte's HotelBenchmark Survey. "The recovery will filter through to the rest of Europe, but London is leading the way." It's also the season for hotels to negotiate rates with corporate clients. "The balance...
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