HRG survey finds global hotel rates remain depressed

08/7/2009 | BusinessTravelNews.com

Hogg Robinson Group's latest hotel survey shows that favorable hotel room negotiating conditions remain for corporate travel buyers as room rates fell in every major market with the exception of Abu Dhabi. "The latest figures suggest that the industry has some way to go before rates stabilize," HRG director of global hotel relations Margaret Bowler said in a statement. "With all key global cities recording rate declines in both quarters, London was the only city where decline slowed marginally."

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