UK hotel room revenue hit its highest level last year since 2001, according to the latest Hotel Britain survey by hotel consultant PKF.
The 2.9% growth in average revenue per available room (revpar) to £59.92 means an average hotel room earns £21,870 a year.
It came on the back of higher average room rates, which rose by 3.7% to £81.71.
This offset an overall 0.6 percentage point drop in occupancy that stemmed from falls in London and England.
In contrast to 2004, regional hotels performed better than those in the capital with revpar up 3.3%. In London, revpar rose by a more modest 2.5%.
| |
Occupancy |
|
Average Room Rate |
|
Revpar |
|
| |
2005 |
% change on 2004 |
2005 |
|
2005 |
% change on 2004 |
| London |
76.5% |
-1.7% |
£108.62 |
+4.3% |
£83.13 |
+2.5% |
| England |
71.3% |
-0.6% |
£66.19 |
+3.2% |
£47.50 |
+2.6% |
| Scotland |
73% |
+0.9% |
£69.87 |
+5.3% |
£50.98 |
+6.2% |
| Wales |
74.9% |
+0.7% |
£65.32 |
+3.6% |
£48.91 |
+4.2% |
Industry data: PKF Hotel Britain 2006 >>
A copy of the report is available from PKF for £250, see www.pkf.co.uk.
By Angela Frewin
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