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Deloitte: UK hotel performance on an upward path (Royaume-Uni)

Deloitte: UK hotel performance on an upward path (Royaume-Uni)

Catégorie : Europe - Royaume-Uni - Économie du secteur - Chiffres et études
Ceci est un communiqué de presse sélectionné par notre comité éditorial et mis en ligne gratuitement le 12-06-2009


* Hoteliers across UK have reason to be optimistic;
* Strong Euro boosts tourism to UK

In depth analysis by Deloitte, the business advisory practice, reveals a clear trend in improvement in UK hotel performance over the last five months. Whilst revenue per available room (revPAR) is still negative, the pace of decline is reducing and some markets are actually showing gains on 2008 numbers with strong leisure demand driving up weekend occupancies and revenues. There is also a trend of improving performance in the weekday corporate business market in London.

Marvin Rust, Hospitality Managing Partner at Deloitte, commenting on the analysis said: “The UK tourism industry continues to be challenged by the recession, with some companies announcing record losses and year-to-April revPAR, the hotel industry’s leading performance indicator, down 11.1%. However, our analysis shows that both weekend leisure demand in London and the Regions and corporate weekday demand in London over the past five months has shown an upward trend, signalling that the worst may be over for hoteliers.”

Weekend leisure demand is driving the recovery with much stronger performance than corporate weekday demand. RevPAR was down 3.8% to £54 on the weekend while weekday drops were more severe, down 14.6% to £58 from 1 January through 20 May 2009. However, some cities actually saw increases in weekend leisure demand during the period including Glasgow (4.3%), Edinburgh (3.4%) and London (0.3%). In this tough operating environment this is a great achievement.

Marvin added: “Although the results for corporate weekday demand in London look weak with a decline of 11.0%, the trend is definitely upwards over the last five months. Clearly one of the factors driving the upward trend across the country is the increasing number of Brits taking short breaks in the UK, where Sterling stretches further than in Europe. The strong Euro against Sterling has also made the UK less expensive than in the past, which is helping hotels perform better and walking around London there are a noticeable increase in the usual number of European accents in the shops and at London’s attractions.”

The only areas yet to show an improvement are weekday demand in the Regions and the country’s airport hotels where trading continues to be tough.

UK city performance split by weekday and weekend

Weekday revPAR (£) Weekday revPAR (%) Weekend revPAR (£) Weekend revPAR (%)
United Kingdom 58 -14.6 54 -3.8
Regional UK 43 -16.8 40 -6.7
London 93 -11.0 86 0.3
Birmingham 42 -18.4 36 -9.2
Cardiff 38 -6.2 53 -5.4
Edinburgh 46 -7.8 64 3.4
Gatwick 46 -24.4 37 -23.0
Glasgow 44 -4.3 46 4.7
Heathrow 50 -26.9 35 -19.8
Liverpool 43 -23.2 60 -14.6
Manchester 48 -20.7 54 -8.0



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