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London- In spite of the global terrorist threat and a world economy that appears to be faltering, London hotels are bearing up well according to figures for October released by PKF.

While the average rate realised per room in the UK’s capital has barely moved, continuing to stand at just under the pounds 100 ($161.70) mark, occupancy rates are up by over 5%. The news is also good for yields per room in London, up 5.3% at pounds 82.29 ($133.06).

But these results are not reflective of the overall picture for the rest of the UK hotel business. While the October survey shows a modest uplift to average room rates in the provinces, an increase of 1.6% at pounds 63.71 ($103.02), average occupancy and yield per room at 0.3% and 1.9% respectively, appear almost static.

The survey was based upon data gathered from 194 London hotels and 694 provincial UK hotels.

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