The UK hotel industry was the strongest in Europe in the first half of 2004, according to consultant Deloitte’s latest HotelBenchmark survey.
Revenue per available room (revpar) rates rose by £5 to £60, a 10% increase on the same period in 2003.
London led the way as occupancy levels rose by 5% and the average room rate rose by £7 to £105. Revpar for the period reached £86, a 13% increase on the first half of 2003.
Deloitte expects the UK’s recovery to continue, with London exceeding the previous highs seen in 2000/2001 by the end of 2005.
In the provinces improved occupancy rates helped revpar rise by 7% to more than £42, with the fastest increase in rate coming in June.
by Karl Cushing
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