UK hotels to show best performance in a decade
London hotels remained buoyant in October while properties in the regions also saw further growth, according new figures.
The average room rate in the capital rose to £125.79, 10.7% higher than the same month last year’s figure of £113.67. Daily room occupancy was also up 7.6% on 2005 resulting in an overall increase in room yield of 19.1% to £104.51.
The figures from PKF hotel consultancy services showed that the key cities of Liverpool, Leeds, Birmingham and Manchester were not far behind London.
The regions saw an overall yield increase of 5.9% to £56.73. Both occupancy and average room rate were higher compared to the levels seen last October.
Liverpool had the highest growth in yield, up 7.7% against the same period last year, driven solely by higher average room rate as occupancy fell by 4.2%.
Leeds, Birmingham and Manchester also showed healthy growth rates in either room rate or occupancy driving rooms yield increases of 1.6%, 4.2% and 3.4%, respectively.
PKF hotel consultancy services partner Robert Barnard said: “This month’s figures are encouraging and we are confident that in 2006 the UK hotel market will see the best performance in a decade.
“Occupancy in London hotels has reached a level not seen since 1997 whilst average room rate is at record levels. Meanwhile we expect regional hotels to continue delivering steady growth rates.”
Report by Phil Davies
Phil Davies
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt