UK hotel general managers remain positive

18th August 2009, 9:41am

UK hotel general managers continue to be increasingly positive about their hotel's trading performance, according to the latest Hotel Confidence Monitor by TRI Hospitality Consulting.

Some 51% of respondents are optimistic looking towards the next three months. Since January, the proportion of optimistic respondents has risen by 23 percentage points.

Of the 113 general managers who responded to the survey, 48% were more optimistic than three months earlier, which stands in marked contrast to the 70% who were less optimistic in January. Pessimism in the hotel industry is declining.

Jonathan Langston, managing director, TRI Hospitality Consulting, says: "There appears to be a feeling amongst hoteliers that the worst could be behind us, with an increasing sense of confidence that we are a step nearer to recovery."

In terms of occupancy performance, 43% of respondents forsee either growth or no change during the current quarter compared to Q3 2008.

Related Articles:

• 24 Feb 2010 - TRI Hospitality Consulting named hotel industry's preferred advisor of the year
• 04 Feb 2010 - Confidence amongst hoteliers suffer a slight setback, says TRI
• 28 Jan 2010 - London hotels enjoy strong double digit boost to profitability during December
• 05 Jan 2010 - Occupancy and average room rates soar at London hotels
• 26 Nov 2009 - The London hotel market records second highest occupancy performance in 2009
• 11 Nov 2009 - Confidence amongst UK hotel general managers at a high
• 03 Nov 2009 - 'Staycation' trend set to continue throughout 2010 giving tourism a boost
• 02 Nov 2009 - London hoteliers lead the way
• 30 Oct 2009 - The latest issue of London Hotel Development Monitor now available
• 28 Oct 2009 - London hoteliers boost profits
• 01 Oct 2009 - European hotels experience a weak August
• 28 Sep 2009 - Holiday makers boost occupancy levels for UK hotels
• 26 Aug 2009 - London Hotel occupancy exceeds 2008 levels
• 28 Jul 2009 - Occupancy levels hold up at London hotels
• 25 Jun 2009 - Recession has less impact on UK hotels
• 22 May 2009 - London occupancy stays above 80%
• 28 Apr 2009 - Lower hotel room rates keep occupancy high
• 27 Apr 2009 - UK hotel managers are more optimistic
• 24 Apr 2009 - UK hotels experience heavy falls in profit
• 30 Mar 2009 - Mixed performance across key city hotel markets
• 25 Mar 2009 - Profit down by 17% at London hotels
• 03 Mar 2009 - Hotel's revenue and profit continues to fall
• 25 Feb 2009 - Hotel profits fall by almost one third
• 23 Feb 2009 - TRI Hospitality Consulting wins hotel report award
• 09 Feb 2009 - UK hotels face most challenging conditions in 17 years
• 28 Jan 2009 - 64% of hotel managers concerned for 2009
• 28 Jan 2009 - Flat profit at London hotels
• 15 Dec 2008 - TRI nominated for 2009 Hotel Report Awards
• 27 Nov 2008 - UK hotel profits fall by 9%
• 24 Oct 2008 - London hotels hit by credit crisis

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.