UK hoteliers achieve healthy August, says PKF

29th September 2010, 10:15am

August was a healthy month for many hoteliers across the UK, according to preliminary monthly figures released this week by PKF Hotel Consultancy Services.

In London, room rate, occupancy and rooms yield all increased compared to the same time last year. Room rate was up 3.8% from £99.74 in August 2009 to £103.49 in the same month this year. Occupancy was also up, by 0.2%, from 81.6% last year to 81.9% this year. Overall, rooms yield grew by 4.0% from £81.46 to £84.71.

In the regions, occupancy and rooms yield also soared compared to August 2009. Room rate saw a small hike of 0.1% from £59.85 to £59.92, occupancy was up 2.6% from 71.5% to 73.5% and rooms yield rose by 2.7% from £42.85 to £44.01. 

Robert Barnard, partner for Hotel Consultancy Services at PKF, commented: "The figures for August suggest demand continues to strengthen compared to 2009 and therefore the outlook is more positive as a result.
 
"However, as mentioned last month the spending review in October could affect business travel again. Hoteliers are at least in a slightly stronger position than earlier in the year so if there are any after effects, we will hopefully find they are not felt too strongly."

Related Articles:

• 26 Apr 2011 - UK hoteliers experience steady growth
• 02 Mar 2011 - Increases in room rates for UK hoteliers
• 31 Jan 2011 - Snow disruption affects UK hoteliers, says PKF
• 10 Jan 2011 - Strong figures for London hoteliers in November, finds PKF
• 22 Nov 2010 - Hoteliers post mix bag of results for October
• 01 Nov 2010 - Strong September for hoteliers across the UK, 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
• 22 Feb 2010 - Snowfall in January affects many UK hoteliers
• 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
• 27 Jul 2009 - UK hoteliers experience decline in first half of the year
• 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

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