GLASGOW hotels have achieved a solid year-on-year rise in overall revenues, but the sector in Aberdeen continued to suffer from the oil and gas industry downturn, the latest monthly figures show.
Hotels in Glasgow achieved a 5.6 per cent year-on-year rise in revenue per available room (revpar) to £44.81 in February, according to the latest survey from accountancy firm BDO. This key industry measure is calculated by multiplying occupancy by average room rate achieved.
The Glasgow hotel sector achieved the year-on-year rise in revenues in February in spite of a slight dip in occupancy.
BDO partner Alastair Rae said: “Glasgow continues to attract major concerts to the Hydro as well as [achieving] a strong showing on the conference and events side of their business.”
Edinburgh hotels achieved a 3.5 per cent year-on-year rise in revpar to £42.30 in February.
Mr Rae said: “Edinburgh’s leisure market seems to be starting earlier and earlier each year, and may also have been boosted by the Six Nations home games with England and France.”
Hotels in Inverness achieved a 0.5 per cent year-on-year rise in revpar to £32.94 in February.
The Aberdeen hotel sector recorded a 39.4 per cent year-on-year tumble in revpar to £41.62 in February, according to the survey of three and four-star properties.
A survey published earlier this week by tourism market specialist LJ Research showed a sharp slowing of the year-on-year pace of decline in occupancy in Aberdeen hotels in April.
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