What the Royal Wedding Means for London’s Hotel Business & Economy
About 1.1 million people will probably visit the British capital when Prince William and Kate Middleton get married on April 29, according to Visit London, the city’s official tourism agency. That’s going to boost spending in the city by as much as 50 million pounds ($80 million), pushing up hotel room rates and prompting residents to become part-time landlords.
It's not just the hotel sector that will benefit from the royal nuptials. Britons are expected to splurge on food and drink, hosting street parties and other celebrations. In sum, says Bloomberg, the U.K. economy could benefit from 620 million pounds. And royal mania could singlehandedly catapult the U.K. out of the longest recession on record.
London, United Kingdom
Radisson Blu Edwardian Leicester Square Hotel is a discrete and... more >>
Thornbury, United Kingdom
Kings and queens have stayed here. Courtiers have flirted with... more >>
Bondgate Within Alnwick, United Kingdom
Set in the heart of the historic market town of Alnwick and only... more >>
L'hotel has counted quite a few legendary celebrity among its... more >>
At the Hotel Lungarno, the view of the river and over the city... more >>