The only way is up for UK hotels
The future looks bright, according to consultancy firm Deloitte, which painted an upbeat picture for the UK hotels sector at its annual European Hotel Investment Conference in London last week.
- | !](#) |
Á | ![ |
LondonÁ revpar forecast Á¢ÂÂ" Deloitte |
Hotel statistics for the UK | 2000 | 2001 | 2002 | 2003 | 2004F | 2005F | 2006F |
Revpar (Á£) | 55.20 | 50.97 | 48.85 | 47.16 | 50.92 | 55.90 | 61.43 |
% change | 4.4% | -7.7% | -4.2% | -3.5% | 8.0% | 9.8% | 9.9% |
Hotel statistics for London | 2000 | 2001 | 2002 | 2003 | 2004F | 2005F | 2006F |
Revpar (Á£) | 90.67 | 77.70 | 70.95 | 68.09 | 73.50 | 80.15 | 86.93 |
% change | 5.2% | -14.3% | -8.7% | -4.0% | 8.0% | 9.0% | 8.4% |
Hotel statistics for the provinces | 2000 | 2001 | 2002 | 2003 | 2004F | 2005F | 2006F |
Revpar (Á£) | 43.96 | 42.72 | 41.09 | 40.54 | 44.06 | 48.46 | 53.26 |
% change | 4.3% | -2.8% | -3.8% | -1.3% | 8.7% | 10.0% | 9.9% |