Uk hotels see May bounce
UK hotels experienced a healthy recovery in May, according to PKF Hotel Consultancy Services, with Birmingham achieving an almost 50% rise in room rates to £87.07.
The city saw a 47.4% in room rate as well as an 8.7% rise in occupancy from 66.1% to 72%.
Measured compared to May 2009 figures, London saw more modest room rate rises of 8.9%, from £110.64 to £120.45. Its occupancy was 3.3% up from 81.3% to 84%. This meant yield was up 12.4% from £89.97 to £101.15.
In Manchester, the figures were a little tighter. Room rate was up 0.7% to £75.02, occupancy was up 5.4% to 78.4% and rooms yield was up 6.1% to £58.79. In Leeds, room rate was down 0.3% to £63.03, occupancy was up 4.4% and rooms yield was up 4.1% to £44.38.
Cardiff, however, fared less well. Room rate fell 4.4% to £62.17 and occupancy also fell 4.4% to 70.5%. Room yield was down 8.7% to £43.82.
by Dinah Hatch
Dinah
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