Latest News

Strong November for UK hotels

(19 December 2005 14:46)
Photograph of London hotel entrance

It was good news for UK hotels last month as occupancy and room yields grew steadily in London and across the country, according to hotel consultancy firm PKF.

Figures released today revealed that average room rates in the capital rose to £112.35 in November, a 2.9% increase on the same month last year. Occupancy increased by 1.4 percentage points to 81.6%.

The growth pushed overall room yields up by 4.7% to £91.72.

Outside the capital, average room rates for November grew by 2.6% to £67.79, while occupancy rose by 1.7 percentage points to 74.4%. Regional room yield was up by 4.8% to £50.43.

Robert Barnard, partner for hotel consultancy services at PKF, said: “It’s good news to see that the UK industry as a whole is on track with a healthy performance across the board."

Article continues below

by Naomi Leach

PKF November snapshot of regional UK Hotels

  2005 2004 % change
Average daily room rate £67.79 £66.08 2.6%
Average daily room occupancy 74.4% 72.7% 2.2%
Average daily rooms yield £50.43 £48.10 4.8%






PKF November snapshot of London Hotels

  2005 2004 % change
Average daily room rate £112.35 £109.17 2.9%
Average daily room occupancy 81.6% 80.2% 1.7%
Average daily rooms yield £91.72 £87.60 4.7%








Get your copy of Caterer and Hotelkeeper every week - click here to subscribe and save 25%.

Sudoku
Join the craze and play Sudoku online!

Source: CatererSearch

Spread the word:   related bookmark it! diggit! reddit!

SPONSORED LINKS

 
3rd December 2008