Sales over the coronation weekend are due to hit £50m across Bond Street, Oxford Street, Regent Street and Mayfair, according to the latest figures from local business association the New West End Company.
Research by the company, which represents 600 retail, restaurant, hotel and property owners across the West End, predicts that the bank holiday weekend and associated celebrations will draw in around 1.75m visitors to the area. This is a predicted 24% uplift on the previous year’s May bank holiday.
Also up are international travel bookings to London for the week, which have increased 93% compared to last year’s first May bank holiday and bookings from the US are up 144%, as international visitor numbers come close to pre-pandemic levels.
