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UK hotel rates on the decline

24 April 2017 by
UK hotel rates on the decline

Top destinations in the UK are seeing a decrease in rates compared with last year, data from HRS Global Hotel Solutions has revealed.

The figures, which are released quarterly, show major cities across the UK have seen a drop in average room rates for the first quarter of the year compared to Q1 2016.

Liverpool saw the biggest drop (-14.3%) followed by Bristol (-11.7%) and Leeds (-10.7%), with only Reading seeing the same rates as last year, remaining at an average of £103.

London shows a small decline from last year but an improvement from the last quarter of 2016, with an average rate remaining at £145, with a decrease of 0.6%. The UK overall has seen a decrease of 3.9%, down to an average rate of £105 per night from £110.

Andy Besent, HRS managing director (UK & Ireland) said: "There continues to be uncertainty in the UK surrounding Brexit and now with Theresa May calling for an early general election we will have to wait to see the impact. We have seen outbound travel from the U.K. more expensive due to the weak pound but the fall in average rates should at least make the UK a more attractive and cost effective destination for travellers."

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