>London Hoteliers on Track to Achieve Double-digit RevPAR Growth in 2010

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>Marvin Rust, hospitality managing partner at Deloitte, commented: “These results are great news for hoteliers in the capital as they continue to build on the double-digit growth reported in Q1 2010. With the latest Deloitte CFO Survey showing financial optimism among many Chief Financial Officers falling to a 12-month low and many seeing a growing risk of a ‘double-dip’ recession, it is comforting to know that London’s hoteliers remain resilient and are implementing the right pricing strategies to fast track the recovery process.

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