Heathrow passenger boom fails to boost local hotels
Heathrow hotels saw their profits fall in February despite a 5.5% rise in the number of people travelling through the airport.
Profit per room at nearby hotels fell 4.3% as a result of lower occupancy and higher costs.
The hotels achieved a two percentage point increase in average room rates but this was not sufficient to offset a 1.7% fall in room occupancy, according to HotStats UK Chain Hotels Market Review.
Revenue per available room for hotels at Heathrow fell by 0.2% to £57.21. There was a fall in both individual leisure and group leisure volumes, said HotStats.
The hotels did achieve a 0.3% rise in total revenue due to a 2.1% increase in food and beverage takings, but this was wiped out by a 5.5% rise in salaries.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
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