Catering Scotland

July Proves Bumper Month For Scottish Hotels

 Breaking News

July Proves Bumper Month For Scottish Hotels

October 21
20:07 2013
July13.Recession bed landscape.jpg

The study, conducted by accountants and business advisers BDO, found that Scottish rooms yield rose by 16.8% during the month, compared to an increase of only 4.9% in regional UK; 2.4% in England; and 0.2% in Wales.

Meanwhile, occupancy rose 7.3% in Scotland, 6.9% in regional UK, 6.8% rise in England and 8.1% in Wales. Revenue in Scotland was £64.97 compared to £47.91 in regional UK; £45.22 in England and £36.68 in Wales. Edinburgh and Inverness led the way, with occupancy of 90.9% and 90.4% respectively compared to 84.0% in Glasgow and 83.5% in Aberdeen. Revenue in Edinburgh was up 32.3% on July 2012, reaching £86.84 which is higher than anywhere in the UK outside central London. Aberdeen’s revenue figures were up 22.7% to £73.12: Inverness rose 8.3% to £67.62 while Glasgow experienced a drop in revenue of 1.9% to £48.79.

Alastair Rae, a partner in the Property, Leisure and Hospitality sector at BDO, said: ‘These figures show that the Scottish hospitality sector is continuing to enjoy a much better year.

‘The substantial increases in occupancy and revenue for both Edinburgh and Inverness indicate that the leisure market has returned, with both cities producing substantial improvements over the same period in 2012.

‘These figures are very positive overall and, given that we have had several months of improving revenue and occupancy, would tend to support the view being aired that the sector is returning to its pre-recession performance. The data certainly seems to be pointing in the right direction.’

 

 

Thumbnail

July13.Recession square.jpg

Scottish hotels had the highest occupancy and revenue compared to the rest of the UK during July, according to newly published research….

About Author

alexcmb123

alexcmb123

Related Articles

@CATERINGSCOTLAND