Business might be slow but prices always seem to cling on. Takes a long time to move them down.
I agree with Datwabbit's sentiments above.
Many WGs on SAAFE are moaning that business is very, very slow and some; the serial tourers; are saying that business has been completely killed altogether. I would imagine that it's virtually impossible to go through with a hotel punt now. There might be some 'trickle' of business via 'known and well used' WG houses/flats, or via AirBnB premises, maybe.
Looking through my own hot list, I've not noticed any WG having reduced prices. Hour and half hour rates seem to be much the same as before the Covid lockdown took effect in March. But I've noticed that several WGs; in my hot lists at least; have still not gone back to work. They clearly don't yet consider it safe.
With the depressing day to day news about the economic hit and planned redundancies, and with more cuts set to come as the furlough scheme ends in October; to say nothing of the virus infection spikes that will inevitably come as the schools go back and more mass gatherings happen; I think business will get even slower for WGs.
Punters will continue to punt in areas where jobs seem to be holding up well, where the economic sectors seem to be 'weathering the storm'. This seems to be in London, Cambridge, and Milton Keynes at the moment, judging by the review boards.
The London board is doing very well, whereas punters in the provinces seem still to be very cautious. Whether that is down to apprehension, affordability, or WG availability, is not immediately clear as yet to me. But I think the 'new normal', as we start to approach the back end of corona 2020, and indeed going forward into 2021, is that punters will no longer have 'silly money' to spend. Myself included.