PKF: London hotels experience 'strong' 2011
London's hoteliers experienced a "strong" 2011 as regional operators reported a "solid" performance, according to the latest figures from PKF Hotel Consultancy Services.
In the capital, PKF said a 6.3 per cent year-on-year increase in rooms yield was driven by a 6.7 per cent growth in room rate to help offset a nominal decline in occupancy.
Meanwhile, regional hoteliers saw rooms yield grow by 0.8 per cent, with occupancy up by 1.5 per cent to nearly 71 per cent. However, room rate fell by 0.7 per cent to GBP62.31.
PKF Hotel Consultancy Services partner Robert Barnard said: "The performance of London hotels has been exceptionally strong throughout most of the year.
"Elsewhere, performance has been solid, everything considered. The lack of any meaningful new development prevented a more dramatic decline, and also helped occupancy to increase slightly."
Details: www.pkf.co.uk

Sports Coach
Sports Coach
Swim Teacher
Party Leader
Group Exercise Instructor - Aqua
Membership Advisor
Swim Teacher
Customer Service Advisor
Swim Teacher
Activity and Wellbeing Instructor
Operations Manager - Brentwood School Enterprises
Swim Teacher
GP Exercise Referral Instructor
Duty Manager
Catalogue Gallery
Company profile
Directory
Featured Supplier
Property & Tenders
Company: Lee Valley Regional Park Authority
Company: Newmark
Company: EiA Real Estate
Company: Savills
Company: University of Oxford




