see all jobs
'Solid' June growth for London's hoteliers
Preliminary figures from PKF Hotel Consultancy Services has shown a "solid" month of growth for London's hotel sector in June, compared with the same period last year.
A 14.2 per cent increase in room rate and a 16.2 per cent growth in rooms yield saw hotels in London report figures close to pre-recession levels. Meanwhile, regional trading was also positive after occupancy grew by 5.4 per cent. Rooms yield increased by nearly 6 per cent during June, although room rate was broadly flat.
Robert Barnard, partner at PKF Hotel Consultancy Services, said: "London has had another fantastic month with performance returning to the sorts of levels that we used to see prior to 2007. "As the holiday season begins to start in earnest, and with many households still under pressure from increasing petrol and food prices, hoteliers in the regions will be crossing their fingers for staycations to once again boost their summer figures."
More News
- News by sector (all)
- All news
- Fitness
- Personal trainer
- Sport
- Spa
- Swimming
- Hospitality
- Entertainment & Gaming
- Commercial Leisure
- Property
- Architecture
- Design
- Tourism
- Travel
- Attractions
- Theme & Water Parks
- Arts & Culture
- Heritage & Museums
- Parks & Countryside
- Sales & Marketing
- Public Sector
- Training
- People
- Executive
- Apprenticeships
- Suppliers