watchopf.blogg.se - Wild West Days by David C. King

UK-bound flights for the coronation weekend jumped by 149% within 24 hours of the date being announced, according to booking company TravelPort.

“The King’s Coronation is giving a much-needed boost to the London Four and Five-Star hospitality sector, which really suffered because of Covid,” said Michael De Jongh, chief commercial officer at hotel booking platform allora.ai.

Hotel revenue is up 54% compared to the same time last year.

“The coronation minus the bank holiday is a net positive.” “The killer is the bank holiday - that is what detracts from the economic value,” said David Haigh, chief executive officer of Brand Finance.

That day off will help drive a 0.7% fall in GDP in May, according to Bloomberg Economics.