Search
The Caterer

UK hotels post mixed results for May

28 June 2012 by
UK hotels post mixed results for May

UK hotels produced a mixed set of results during May, according to the latest figures released by PKF Hotel Consultancy Services.

While results in regional hotels were solid, London recorded a more muted performance, which is the opposite of the recent trend.

The capital's hotels saw rooms yield decline by 0.8% to £126.82, compared with £127.78 a year ago. This was the result of a 0.5% fall in room rate from £151.09 to £150.37 accompanied by a 0.4% decrease in occupancy from 84.5% to 84.3%.

Meanwhile, hotels in the regions increased rooms yield by 1.6% to £45.82 in May, compared with £45.09 a year earlier. This was due to a 1.9% increase in room rate from £60.99 to £62.12, which more than offset a 0.3% drop in occupancy from 73.9% to 73.8%.

Robert Barnard, a partner at PKF, said: "This is a solid set of results from hotels in the regions, which continue to deliver year-on-year rooms yield growth despite a challenging set of operating conditions.

"London may have seen a very slight downturn, but occupancy and room rate remain very high, so I don't expect there to be too much concern amongst the capital's hotel operators."

Strong results for London and regional hotels in April >>

Fraud could cost the UK hotel sector over £2b annually >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

Tabletalk
Tabletalk
If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.catererandhotelkeeper.com/tabletalk

Catererandhotelkeeper.com jobs

Looking for a new job? Find your next job here with Catererandhotelkeeper.com jobs

Blogs on Catererandhotelkeeper.com ](http://www.catererandhotelkeeper.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[E-Newsletters](http://www.catererandhotelkeeper.com/email-newsletters.htm)[ For the latest hospitality news, sign up for our E-newsletters
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!