Revenue per available room (revpar) rose by almost 5% across the UK in November 2004, according to PKF hotel consultancy services.
Figures published today show that revpar at UK regional hotels was up by 4.9% to £48.62, compared to the same month in 2003.
Meanwhile London hotels saw an increase of 4.3%, with revpar climbing to £91.24.
Robert Barnard, a partner at PKF said: “Hoteliers haven’t had it easy this year, so to see these figures – the last that we can publish before Christmas – proving that rooms yield (revpar) is up across the board … is very encouraging.”
The growth was fuelled by an increase in room rates, particularly in London. In the capital, average daily rates rose by 6.1% to £112.29.
Outside the capital, the figure climbed by 3.8% to £66.06.
Occupancy held steady. While there was a 1.7% fall in London, the level crept up from 72.8% to 73.6% at regional hotels.
by Tom Bill
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