United Kingdom
United States
Asia Pacific
UK hotels end year on high note
UK hoteliers enjoyed a strong end to the year with properties in London and the regions performing well.
Hotel consultancy service PKF revealed that year on year figures for December show the average room rate in the capital was up almost 2% to £102.40.
While occupancy was slightly down, by 0.4% to 68.9%, rooms yield was up 1.5% to £70.52.
For the year as a whole, room rates were up 3.4% to £104.57 and yields grew 1.8% despite a fall in occupancy of 1.5%.
PKF partner Robert Barnard said: “If there were ever any doubts about the innate strength and resilience of the UK hotels market, these figures will dispel them.
“In spite of a dreadful two months for London hoteliers after July 7, the city’s boundless appeal for business and tourism reasserted itself by October, and the December figures clearly demonstrate that London is back on top of the tree.”
Regional hotels also has a strong December with room rates up 2.6% to £65.13, occupancy up 0.9% to 61.5% and yields up 3.5% to just over £40.
Full year performance was also encouraging with rates up 3.1% to £67, occupancy growing 0.4% to 71.4% and yield climbing 3.6% to almost £48.
Barnard said part of the regional improvement was driven by specific events in individual cities.
“The increasing dependence of each location on local events to drive occupancy was sharply highlighted,” he said.
“The soaring fortunes of cities packed with activity programmes such as Liverpool and Aberdeen contrasted strongly with locations such as Nottingham and Solihull and Birmingham Airport where room yield fell in 2005.”
Report by Steve Jones
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
EU airports bring back 100ml liquid rule
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Co-pilot faints, easyJet flight issues ‘red alert’
Gatwick braces for strike