Profits rise in UK provinces while London lags behind


London hotels posted negative results in April, while hotels in the provinces continued to shine, recording a positive year-on-year increase across the board.

According to the latest HotStats, hotels in the capital recorded a decrease in GOPPAR, mainly driven by rooms revenues, as establishments in the UK provinces saw an increase across all key performance indicators.

Hotels in the North West fared well, achieving a combined uplift in occupancy of 1.9 percentage points and an average room rate (ARR) of 4.0%, resulting in an increase of 6.7% in revenue per available room (RevPAR) to £57.51.

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Cardiff hotels also experienced positive year-on-year comparisons across all key performance indicators in April, with TRevPAR and GOPPAR increasing by 11.0% and 32.4% respectively, according to the results.

Glasgow hotels also recorded a strong April with TRevPAR and GOPPAR levels rising by 10.6% and 32.6% respectively.

Zoe Monk

The author Zoe Monk

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