Positive outlook for UK hoteliers in May

21st June 2010, 12:50pm

Hoteliers across the UK experienced a solid month of recovery in May with occupancy, room rate and rooms yield largely positive, according to preliminary monthly figures released today by PKF Hotel Consultancy Services.

In London, occupancy was up 3.3% on the same time last year from 81.3% to 84.0%. Room rate also increased, rising 8.9% from £110.64 in 2009 to £120.45 this year. Overall, this meant rooms yield was up 12.4% from £89.97 in 2009 to £101.15.

Meanwhile in the regions, occupancy was up 5.3% from 68.8% to 72.5%, room rate was up 0.5% from £62.04 to £62.35. Rooms yield also increased, by 5.8%, from £42.70 to £45.19.

Robert Barnard, partner for Hotel Consultancy Services at PKF, commented: "May can often be a tricky month for hoteliers as it is bookmarked by two bank holiday weekends. Overall, the figures show that there seems to have been minimum disruption. This is particularly heartening following the disruption caused by the ash cloud in April. 
 
"Moving into the summer months, we will hopefully see this momentum maintained, especially if the expectation that many will holiday in the UK this year comes to fruition."

Related Articles:

• 26 Apr 2011 - UK hoteliers experience steady growth
• 31 Jan 2011 - Snow disruption affects UK hoteliers, says PKF
• 22 Nov 2010 - Hoteliers post mix bag of results for October
• 01 Nov 2010 - Strong September for hoteliers across the UK, says PKF
• 29 Sep 2010 - UK hoteliers achieve healthy August, says PKF
• 25 Aug 2010 - London hoteliers achieve strong July figures
• 24 May 2010 - Mixed fortunes for UK hoteliers
• 01 Apr 2010 - UK hoteliers survive difficult 2009
• 22 Mar 2010 - London hoteliers achieve healthy growth
• 26 Oct 2009 - London hoteliers continue to fill rooms
• 24 Aug 2009 - Summer holiday season worrying for hoteliers
• 28 May 2009 - Regional hotels experience fall in room rates
• 20 Apr 2009 - Further falls for UK hoteliers
• 26 Mar 2009 - Tough times predicted for UK hotel industry
• 26 Jan 2009 - UK hotel room rates continue to decline
• 16 Dec 2008 - UK hoteliers continue to feel pinch
• 10 Nov 2008 - How hoteliers can survive the market

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