Member Article
North West hotels maintain momentum according to BDO
Research from BDO LLP has shown that North West hotels are continuing to perform above the regional average with hotels in Manchester, Liverpool, Chester and Blackpool all witnessing increased occupancy levels, collectively up 6.1% to 69.4%.
The average occupancy level across regional UK is 68.7%.
The revenue per available room has also risen by 10.9% in the first quarter and hotels in the North West have outperformed their London counterparts.
Chester and Liverpool have been the region’s top performers, with steady and consistent increases month-on-month.
Hotels in Blackpool by comparison suffered in January, with a 1.7% decline in occupancy, and revenue at £16.59 per room (down 3.4%).
Partner at BDO LLP in the North West Philip Storer, said: “The first quarter can be typically slow for the leisure industry, particularly in January as the Christmas hangover means consumer spending is frugal – as was evident in Blackpool.
“Despite this, hotels across the North West are continuing to not only record strong results but perform above the UK regional average.
“The figures for Q1 are incredibly encouraging and we are on course for a strong year, with even more hotel openings in the pipeline to meet the demand.”
This was posted in Bdaily's Members' News section by Sophia Taha .