Hotels in Edinburgh and Belfast produced the strongest revenue per available room (revpar) growth during the third quarter of the year, according to the Q3 2017 Hotel Bulletin from AlixPartners.
UK hotels are forecast to experience a slowdown in performance next year due to a decline in economic growth, the slowing of the weak pound effect on inbound tourism and a large increase in room supply.
The occupancy rate in London hotels dropped by 2.7% during August to 82.3%, while average daily rate (ADR) increased by 3% to £143.28, according to the latest preliminary monthly figures from data company STR.
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