Industry data
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Double-digit slumps in profitability afflicted hotels in all 10 European cities monitored in the Europe HotStats survey for April 2009.
Posted: 12 June 2009 | 14:21
It could well be a bumper summer for Britain's tourist
trade, with millions of people set to holiday in the UK,
many of them for the first time. But how good will it be
for hospitality - and will most people be heading for
caravan and theme parks rather than major hotels?
Tom Vaughan reports.
Posted: 12 June 2009 | 00:26
Low room rates are keeping occupancy levels high in London hotels, which proved the most profitable among the 10 European cities monitored in the monthly Europe HotStats survey during March 2009.
Posted: 11 June 2009 | 12:32
Eating out spend is to fall after hitting a record high last year, according to analyst firm Horizons. The amount spent on a meal in a restaurant has risen 20% in the past five years from £10.09 in 2004 to £11.98 in 2008, its research revealed. Spend has risen the most in pubs...
Posted: 10 June 2009 | 11:38
Profitability plunged by double-digit percentages in eight of the 10 European cities monitored in the monthly Europe HotStats survey during February 2009.
Posted: 09 June 2009 | 18:23
Hotel revenue per available room (revpar) dropped by 6.9% in London and by 12.9% in the provinces in the week ending 23 May 2009, according to figures from hospitality research company STR Global. London revpar fell to £110.65, down from £118.86 in the in the equivalent week of 2008.
Posted: 09 June 2009 | 15:36
UK hotel operators have reason to be optimistic with a “clear trend” in improved hotel performance emerging, according to new analysis by Deloitte.
The consultancy said that whilst revenue per available room (revpar) remained negative in the first five months of 2009,...
Posted: 08 June 2009 | 15:33
Hotel revenue per available room (revpar) dropped by 9.7% in London and by 14.6% in the provinces in the week ending 16 May 2009, according to figures from hospitality research company STR Global. London revpar fell to £101.28, down from £112.15 in the equivalent week of 2008.
Posted: 03 June 2009 | 08:00
Almost a third of UK consumers will be holidaying in the UK this summer, research has revealed. A Onepoll survey of 3,300 consumers, commissioned by budget hotel group Travelodge, showed that the number going abroad has fallen to 27% (2008: 33%), with 32% planning a domestic holiday.
Posted: 02 June 2009 | 16:40
Whisper it, but are those green shoots I spy? A number of Europe hotels and restaurants believe we have may hit the bottom of the recession, research revealed this week. More than a third of the 200 hotels and restaurants surveyed by KPMG expected growth in their volumes of business ...
Posted: 29 May 2009 | 14:16
UK hoteliers experienced a mixed Easter this year, with London enjoying high occupancy levels while regional cities suffered a gloomier experience, according to consultants. Average room occupancy in London was up by 0.9% on last April from 81.7% to 82.5%. But room rate fell ...
Posted: 29 May 2009 | 08:00
The rise in the value of the pound could be bad news for domestic tourism, according to consultancy PricewaterhouseCoopers (PwC). Following news that the pound has risen above $1.60 for the first time since November, David Trunkfield, director at PwC, said the news was ...
Posted: 28 May 2009 | 16:30
InterContinental Hotels Group (IHG) remains the largest hotel company in the world by room numbers, according to annual research. The UK-based company has surpassed the 600,000 room mark keeping it in the number one spot ...
Posted: 28 May 2009 | 08:00
Hotel revenue per available room (revpar) dropped by 4.5% in London and by 13.7% in the provinces in the week ending 9 May 2009, according to figures from hospitality research company STR Global. London revpar fell to £86.79, down from £90.90 in the equivalent week of 2008.
Posted: 27 May 2009 | 07:00
The business confidence of the European hotels and restaurants market has unexpectedly risen, according to a survey of 200 companies in the sector. More than a third of those in the European hotels and restaurants sector expected growth in their volumes of business activity over the next ...
Posted: 26 May 2009 | 11:59
Hotel revenue per available room (revpar) remained static in London but fell by 8.8% in the provinces in the week ending 2 May, 2009, according to figures from hospitality research company STR Global. London’s £104.74 revpar was the result of a 1.2 percentage point rise ...
Posted: 20 May 2009 | 10:58
Hopes that the weak pound will boost domestic tourism have yet to materialise with visits from foreign tourists to the UK in the first three months of 2009 falling 13% compared to the same period last year. Foreign residents made 6.28m visits to the UK ...
Posted: 14 May 2009 | 15:47
Hotel revenue per available room (revpar) dropped by 6.1% in London and by 9.7% in the provinces in the week ending 25 April 2009, according to figures from hospitality research company STR Global. London revpar fell to £101.24, down from £107.77 in the ...
Posted: 13 May 2009 | 09:00
Mexico’s hotel industry suffered a sharp decline in occupancy rates as a result of the swine flu outbreak, figures have revealed. According to data from analyst firm STR Global, hotels in Mexico saw a 50% drop in occupancy in the days following the outbreak, between 26 April and 2 May.
Posted: 11 May 2009 | 08:00
Leisure venue caterers are set for a tough 2009 and will need to focus on offering value as consumers rein in their spending, market analyst Mintel has warned.
Posted: 30 April 2009 | 08:00
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