Search
The Caterer

Strong performance by Glasgow hotels ahead of Commonwealth Games

25 June 2014
Strong performance by Glasgow hotels ahead of Commonwealth Games

Glasgow hotels enjoyed a strong performance during May ahead of the forthcoming Commonwealth Games in the city, according to the latest Hot Stats UK Chain Hotel Market Review.

Total revenue per available room (trevpar) and gross operating profit per available room (goppar) grew by 14.1% and 27.6% respectively. Meanwhile, occupancy increased 4.7% percentage points to 85.2%, while average room rate climbed by 11.9% to £75.41, leading to an impressive revpar growth of 18.4% to £64.25.

Non-rooms revenues also performed strongly with meeting room hire per available room increasing by 17% and as a result, trevpar went up by 14.1% to £109.81. Cost control helped to enhance the overall performance with departmental operating profit per available room growing 16.3% to £64.03.

The Commonwealth Games will be held in Glasgow from 23 July to 3 August.

Speculation over rising Glasgow hotel prices as Commonwealth tickets go on sale >>

TagsTrends and Hotels
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.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.