HOTEL MARKET CONFIDENCE ON THE COMEBACK
Confidence is being restored in the hotel market according to a poll taken by online booking operators for hotel.info.
Nearly 50% of hotels worldwide are caustiously optimistic about bookings in the summer holidays. Of the 2000 hotels contacted in the study over 46 percent were hoping for a recovery in a moderate market, whilst 24.4 percent expected bookings to be much higher this year and only 6% felt hotel prices would increase.
Contrastingly, in Spain only 15 percent are expecting a recovery anytime soon where as 55 percent are expecting recovery to be slow.
Hotel.info said:
“Taking into account the number of hotel operators who believe in a recovery of any sort – be it slow or fast – Italian hoteliers seem to be the most positive (76.59 percent) about the prospects for 2010.”
by Richard Armitage

