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Hotel Industry Trends |
Thursday January 8th, 2009 |
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Hotels: Managing In A Downturn |
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Services industries in the UK, from banks to hotels, shrank by a record amount in September 2008. The Chartered Institute of Purchasing and Supply's (CIPS) services index which measures overall activity for the industry, was down from 49.2 in August to 46 in September. CIPS has commented that hotels and restaurants were among those areas worst hit as customers reined in their spending. |
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