Pursuits
London Olympics Are Distorting Hotel Market, Tour Operators Say
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The 2012 Olympic Games in London are “distorting” the market for hotel rooms in the English capital, the European Tour Operators Association said.
“My members move about 20,000 bed nights in London every night in August,” Tom Jenkins, executive director of the association, said in an interview. “At the moment, we can’t book those bed nights for 2012. That’s business that’s gone. Once you scare that business away, it’s very difficult to reestablish that pattern.”