Belfast tops UK revpar rankings

16 October 2003
Belfast tops UK revpar rankings

The luck of the Irish has been paying off for Belfast's hoteliers, according to the UK edition of Deloitte & Touche's HotelBenchmark Survey.

Since it was added to the survey in January, Belfast has become the top-performing market in terms of revenue per available room (revpar).

In August, Belfast showed a 10.5% increase in revpar, to £37 compared with £34 in the same period in 2002, putting it in fourth place in terms of growth behind Reading, Cardiff and York.

In the year to date, revpar has increased by 12% to £42, driven primarily by a 6.1 percentage point increase in occupancy to 69.6%. Average room rate during the period increased by 2.1% to £60, compared with £58 a year earlier.

A glut of conferences and events, including the Special Olympic Games, helped lift figures in the city during the period, but local hoteliers said many of the conferences were one-offs.

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