Search
The Caterer

Heathrow hotels boosted in April

28 May 2014 by
Heathrow hotels boosted in April

Hotels in Heathrow have seen a further boost in calendar year results, according to the latest HotStats UK Chain Hotels Market Review.

They reported year-on-year increases in April of 3.7% for total revenue per available room (trevpar), taking it to £82.37, while gross operating profit per available room (goppar) rose 5.4% to £26.36, representing gross profit of 32%.

The surges were accounted for by a 3.7% boost in non-room revenues and 5.7 percentage point rise in occupancy to 80.9%. This, along with efficient operating cost-control, delivered a 2.9% increase in departmental operating profit per available room (doppar).

Profits, however, fell in the North East in April, where hoteliers recorded a decline of 7.3% in goppar to £17.81, despite an increase of 3.9% in revpar to £48.11.

The rise in revpar was attributed to a 1.1 percentage point increase in occupancy and 2.4% lift in average room rate (ARR) to £65.19.

Revenues per available room grew 0.9% from a 14.4% increase in meeting room hire and 1.1% boost in leisure. However, these were negated by higher operating costs, leading to a 4.2% decrease in doppar and a 0.7 percentage point increase in payroll.

In Aberdeen, average room rate (ARR) saw double-digit growth of 10.6% in April, representing the 19th year-on-year increase. This, however, was at the expense of occupancy, which dropped by 3.8 percentage points and led to a revpar increase of 5.1% to £78.50.

The rise in ARR was partly down to a sharp 16.1% increase in the corporate rate, accounting for 38.3% of rooms sold.

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.