Your majesty!

Not really. It’s a fairly well known phenomenon when a major event like this is held in a city. It happens pretty much every time the Olympics are held. It certainly happened in London in 2022. Many who would have come are put off in the belief it will be overcrowded and booked up.

Nowadays you can see it better on TV anyway without spending money.

And it may just be me, but perhaps many in the UK don't have the same feeling for the new King as they did for his mum.

This article was great - thanks, phred! I love that photo of the Churchill Arms in all its floral and flag glory - just gorgeous! It makes me want to be there just to join in the celebration and try out some of those new cocktails. :)

John and Heather, you must not have read the article - it said that the reason hotel prices are down is due to "...the weakening of the global economy and inflation hitting consumers’ ability to spend." That makes sense. Many people are cutting back now.

Not that we can read the article, as it is behind a subscription wall.

That's weird - it wasn't for me and I don't have a subscription. I wonder if it's because you're trying to access it from the UK - I noticed it has a US and a UK version. phred, can you gift the article? I noticed they have that option there.

I wonder the same. I've never heard of the pub The Churchill Arms. Just googled it, and for a very British pub seemingly, it's intriguing that their menu is Thai.
I'm up at this ungodly hour for a Church service in the US, so am on in there now- a service I can't get over here, so on an 8 hour timeshift.

Five- and four-star hotel rates have fallen by 30% in the past month or so, to an average of £650 [$796] a night for five-star hotels. Four-star hotels are averaging £380.” The lower prices are due to the weakening of the global economy and inflation hitting consumers’ ability to spend.

I suspect most of the readers here are not into that level of hotel stays.. I doubt that there has been a 30% drop in rates at hotels in the 100-250 per day range, where most of 'us' are likely to stay

I suspect that many UK citizens from outside the South East will either stay at home or go to street parties/the local big screens to see it, and see much more than they would if they were there.
But there will be more than enough people to fill the normal hotels.
Perhaps the top end hotels, whether coronation or not, need to be more realistic about their rates. There will always be a segment of the market ready to pay and afford their rates, but for most of us who can really afford their prices. Most folk aren't daft, they know when they are being taken advantage of.
We have several 'fly on the wall' TV programmes in the UK about life at these hotels. I at least tend to think who really needs such opulence- needs, rather than requires. And why on earth would I ever pay such prices.
Either give me a budget hotel, or somewhere quaint and full of character.
I would never personally stay in Zone 1 in London- I go out into Zone 3 where very good rates are to be had at PI's or Travelodge, and little time is being sacrificed- from Tottenham Hale for instance it is only 4 stops to Kings Cross.

Never mind about a pub serving Thai (actually culinary themed pubs are far from unusual) cauliflower cheese washed down by beer, what a strange take. I'll go for the Thai with my beer.

and for a very British pub seemingly, it's intriguing that their

Churchill Arms is actually Irish owned and run.

As for people cutting back well London this week was heaving with tourists.

Are we talking the same Churchill Arms?

The one I've seen (which I think is the same as Mardee saw) is in Kensington- and that is a Fuller's pub. That one is certainly flower and flag bedecked.

Fuller's is a very London brewer (since 1845), although their parent company is now the Japanese Asahi group.

I see no Irish links, and I'm a lot less bleary eyed now.

I've messed around with the Bloomberg UK site, and can't find the article over here.

Stuart, try this link - I found it on the UK site, but not sure if it will work. https://www.bloomberg.com/news/articles/2023-03-30/king-charles-iii-s-coronation-guide-where-to-drink-like-a-royal-what-to-do?leadSource=uverify%20wall

Mardee, No, it still doesn't work for us Brits- there is obviously some difference between how UK and US readers can read Bloomberg.
I don't know if it's geo blocking, like so much of the US press, although when it does that usually it just says you aren't allowed on the website under EEA something or another rules.