Manchester hotel occupancy rates exceed expectations

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Hotels in Manchester experienced strong trading levels in August, outperforming peak levels reached in 2006 and 2007, according to new data released this week.

The data showed that city centre hotels achieved their highest ever August occupancy at 78%, with both weekend and weekday levels reaching record highs.

In the first 8 months of the year the city had an average occupancy rate of 76%, a figure previously unmatched at this point in the year since the records began.

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The results have emerged at a time when the city is preparing for an additional 2,100 rooms in the pipeline, extending to 2,700 in Greater Manchester, with new developments from at least six operators who are investing in the area for the first time.

Andrew Stokes, chief executive at Marketing Manchester, said: “We are thrilled with the latest hotel occupancy data which indicates a significant achievement for our hotel and tourism industry. Current demand means that we are now exceeding the rates experienced in pre-recession years, but we are also in the cusp of a dramatic increase in supply to meet this.

“The challenge will now be to make the most of this opportunity for further growth and to sustain occupancy figures as room numbers increase. A number of hotel operators that are brand new to Greater Manchester have shown their confidence in the industry by investing here and we will work with them and existing hotels to help continue the occupancy trajectory.”

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