Member Article

North West hotels report positive results

Hotels in the North West of England saw improvements in room rates across March according to statistics released by BDO LLP on Wednesday.

In Manchester, occupancy rose by 7.1% to 77.9%, while room rates grew by 0.3% to £70.53 which helped room yields to rise by 7.4% to £54.94.

Liverpool hotels also reported an improved set of results for March, with occupancy figures up 3.3% and room rates up by 0.7% and room yields up 4.1%.

Hoteliers in Chester reported a decrease, however, in occupancy by 2.3%, although this was offset by increasing room rates, which rose by 6.1% to £60.24.

Blackpool hotels reported a significant 9.1% rise in room rates year-on-year, although inclement conditions pushed occupancy down by 10.5%, while room yields decreased by 2.3%.

This data was compiled by PKF accountants and business advisors before a merger with BDO at the end of March this year.

BDO Partner Mark Sykes commented on the results: “These are a promising set of results for the North West as a whole.

“Blackpool hotel occupancy is lower than usual, but this is likely to be indicative of the cold weather throughout March as opposed to difficult trading conditions.

“As we enter the bank holiday season, we should hopefully see improved visitor numbers across the region as people enjoy long weekends away.”

This was posted in Bdaily's Members' News section by Miranda Dobson .