The firm’s Hotels Forecast 2019 shows the outlook for London has levelled out, with year-on-year occupancy growth of just 0.1 per cent and a 0.5 per cent fall predicted for 2019. PwC also forecasts moderate growth in average daily rate (ADR) of 0.8 per cent in 2019, taking it up £1 to £150. Meanwhile, revenue per available room (revpar) will remain static, with 0.3 per cent predicted for both 2018 and 2019 – a big fall compared to the 4.6 per cent growth seen in 2017. Data from STR shows London could see 5,000 new rooms made available by the end of 2018 and a further 4,300 in 2019. This is in addition to the 38,000 rooms added over the last five years. Get the full story at Buying Business Travel