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(From Financial Director)
Little more than a decade ago, hotels in the heart of the City of London were few and far between. The Thistle near the Tower of London was among the few hotel chains to offer the kind of accommodation that a weary FD craved after a long day's deal-making in the Square Mile. About a dozen fine establishments have opened their doors in and around London's finance district over the past decade, and this pattern has been repeated in financial centres the world over, reflecting the fact that - for the time-pressed FD - location is everything. Executives need, and want, to stay in hotels near where they are working rather than in the West ...