UK hotels achieved a strong performance in July, with improved occupancy and average room rates hinting at continuing upward growth, according to business advisory firm BDO.
The Commonwealth Games in Glasgow and the British Open in Liverpool helped increase regional occupancy, up 2.9% to 82.8%, while room rate rose 11.7% to £62.56. Room yield (revenue per available room) increased 14.9% to £51.79.
Robert Barnard, partner at BDO, said: "We know that major sporting events such as the Commonwealth Games always create a high demand for rooms and this has certainly been the case in the regions last month. London hotels have also had a busy month and the recent openings of luxury hotels show that demand for high-end hospitality in the capital maintains its strong growth pattern."
He added that hoteliers should feel confident about the industry's health, as the figures hinted at good growth ahead.