Strong September for hoteliers across the UK, says PKF

1st November 2010, 8:15am

Hoteliers across the UK experienced a strong September with room rate, occupancy and rooms yield increasing almost across the board, according to preliminary monthly figures released by PKF Hotel Consultancy Services.

In London, room rate increased 12.5% from £118.56 in 2009 to £133.37 in 2010. Occupancy increased 4.7% from 85.0% to 89.1% while rooms yield increased by 17.8% to £118.80 from £100.89.
 
And in the regions, September was also a good month although there was a slight decrease in room rate. Occupancy was up 5.9% from 73.3% to 77.7%, room rate fell, but only marginally from £65.45 in 2009 to £65.42 this year. Overall, rooms yield increased by 5.9% to £50.84 compared to £48.02 last year.

Edinburgh had a solid September with room rate up 4.2% to £93.13, occupancy up 1.2% to 87.9% and rooms yield up 5.4% to £81.87.
 
Liverpool had a less successful month with room rate, occupancy and rooms yield all falling against the same period last year. Room rate was down 6.8% to £65.98, occupancy was down 3.7% to 76.5% and rooms yield was down 10.3% to £50.50.

Robert Barnard, partner for Hotel Consultancy Services at PKF, commented: "September was a robust month for London hoteliers with many regional cities also posting positive results.
 
"The Chancellor's Spending Review announced last week is likely to affect hoteliers moving forward, as businesses tighten their belts once again. The solid figures we have seen over the past few months are at least a good start point if there are to be further bumps in the road ahead for the UK's hoteliers."

Related Articles:

• 22 Nov 2010 - Hoteliers post mix bag of results for October
• 29 Sep 2010 - UK hoteliers achieve healthy August, says PKF
• 25 Aug 2010 - London hoteliers achieve strong July figures
• 21 Jun 2010 - Positive outlook for UK hoteliers in May
• 24 May 2010 - Mixed fortunes for UK hoteliers
• 01 Apr 2010 - UK hoteliers survive difficult 2009
• 22 Mar 2010 - London hoteliers achieve healthy growth
• 25 Jan 2010 - Hoteliers cash in on December festivities
• 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 Jan 2009 - UK hotel room rates continue to decline

Click here to submit a comment!

Have your say!

To comment on this article, simply enter your name and email and send us your views. Please note that your comment will appear publicly below this article once it has been processed. For enquiries please email info@eatoutmagazine.co.uk.