29 Jun 2012
PKF: UK hotels operators report 'mixed results' during May
BY Pete Hayman
New data from PKF Hotel Consultancy Services has revealed a "muted performance" by hoteliers in the capital during May, while regional operators reported solid trading.
According to the new figures, there was a 0.8 per cent drop in London rooms yield following a 0.5 per cent fall in room rate and a 0.4 per cent decline in occupancy.
However, regional hoteliers saw rooms yield grow 1.6 per cent and room rate increase 1.9 per cent, which offset a marginal 0.3 per cent fall in occupancy.
Robert Barnard, partner for hotel consultancy services at PKF, said: "This is a solid set of results from hotels in the regions."
Details: www.pkf.co.uk
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