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UK hotels record dropped 4.3 percent in May

Category： Key Words：UK hotels Time：2018-06-29 09:16

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Profit per room at UK hotels dropped 4.3 percent to ￡55.48 in May as all departments saw year-on-year declines, according to data from HotStats. Meanwhile, owners and operators continue to face rising costs.
These hotels saw a 1.3-percent decline in total revenue ￡142.82 at hotels in the UK this month. The levels decreased in response to falling revenues in non-rooms departments, including food & beverage (-2.0 percent), conference & banqueting (-3.5 percent) and leisure (-1.7 percent) on a per available room basis along with a drop in rooms revenue (-1.2 percent)
The 1.2-percent decline in RevPAR to ￡93.30 this month was a result of a 0.2-percent YOY drop in room occupancy to 80.5 percent. UK hotels also saw a 0.9-percent decline in achieved average room rate to ￡115.90. This is the second recorded rate decrease since October 2016. The first drop was during the debilitating weather conditions in March 2018.">