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UK hotels report strong growth in revenues - Vimarsana News

UK hotels report strong growth in revenues

Hotels in the UK are experiencing a post-Covid rebound according to the latest research from global property adviser Knight Frank. London hotels achieved an occupancy rate of 82% in June 2023, a rise of 3.2 percentage points year-on-year, whilst hotels outside the capital recorded growth of four percentage points to almost 81% occupancy versus 2022.

Hoteliers Move Beyond RevPAR for Comprehensive Business Intelligence - Vimarsana News

Hoteliers Move Beyond RevPAR for Comprehensive Business Intelligence

Move over RevPAR, there are finally new and better hotel performance metrics in town.