UK hotels steady despite gloomy August

24th September 2008, 12:59pm

Hotels across the UK were able to maintain steady occupancy levels, room rate and rooms yield figures despite the gloomy August weather, according to the latest figured released by PKF Hotel Consultancy Services.

In the capital, hotels experienced a 4.4% growth in rooms yield during the same period last year. This was due to a 5.4% hike in room rate from £126.42 last year to £133.68 this year.

Occupancy levels dipped by 1.3% compared to 2007.

In the regions, room rate was up 1.9% from £71.49 in 2007 to £72.84 this year, and occupancy levels were down 2.0%.

Meanwhile Birmingham, Cardiff, Leeds and European Capital of Culture Liverpool all had strong months. In Leeds, rooms yield soared by 6.1% from 2007, and Cardiff's occupancy was up 4.8%, and room rate 6.7%.

Robert Barnard, partner at PKF, explained: "Looking solely at the UK's hotel figures for 2008, however, you would be forgiven for forgetting about the turnmoil as hoteliers across the country have so far experienced a steady year.

"It is true that there have been some dips in occupancy over the last eight months, but these have been by no means drastic. 2007 was also a very strong year and therefore some losses in 2008 were to be expected."

Related Articles:

• 23 Jun 2011 - PKF figures report strong hotel performance in May
• 10 Jan 2011 - Strong figures for London hoteliers in November, finds PKF
• 24 May 2010 - Mixed fortunes for UK hoteliers
• 26 Apr 2010 - Volcanic ash cloud puts pressure on 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
• 29 Jun 2009 - Occupancy increases for London hoteliers, but the regions struggle
• 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

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