A warm June helped to keep the heat on hotel performance figures throughout the UK, according to the latest figures from PKF hotel consultancy services, as hotels in the capital and the regions enjoyed another ‘best since the Millennium’ month.The yield on London hotel rooms was 11.5% higher than in 2005 rising from £96.02 to £107.08. This was achieved by a combination of a 5.0% increase in the daily room rate from £117.66 in 2006 to £123.50 and a 6.2% increase in occupancy to 86.7%.
Visitors from outside the traditional domestic, European, USA and Japanese markets now account for nearly one in four London hotel guests (24.2%) - a 15.8% increase on June 2005 figures.
Performance in the regions was less spectacular but the three main performance indicators of rate, occupancy and yield with percentage rises of 1.0%, 1.3% and 2.3% respectively all contributed towards making June 2006 the best since 2000.
Robert Barnard, partner for hotel consultancy services at PKF, said: “The June figures continue to reflect the strength and dynamism of the UK hotel market as a whole and the dominance of London as a world-leading centre of business and tourism.
“A year on from the tragedy of the London bombings after which hotel occupancy figures plunged, the comeback clearly demonstrates both the resilience of hoteliers and the timeless appeal of the capital as a global destination.”