THE hotel sector in Glasgow enjoyed a near-20 per cent year-on-year increase in revenues in May, a survey has shown.
The study of three and four-star properties, published yesterday by accountancy firm BDO, also shows hotels in Aberdeen and Inverness enjoyed significantly higher revenues than in May 2013.
Revenue per available room for the Glasgow hotel sector came in at £54.42 in May, up 19.4 per cent on the same month of 2013.
This measure, also known as rooms yield, is calculated by multiplying occupancy by average room rate achieved.
Inverness hotels, overall, achieved a rooms yield of £45.76 in May, up 7.6 per cent on the same month of 2013.
The Aberdeen hotel sector recorded rooms yield of £78.61 in May, up 11.8 per cent on the same month of 2013. Rooms yield for Aberdeen hotels remained the highest in the UK outside London.
But there was an overall 0.7 per cent year-on-year fall in rooms yield for Edinburgh hotels in May, to £71.80.
Overall, Scottish hotels achieved revenue per available room of £59.72 in May, up by 7.4 per cent on the same month of last year. This increase was achieved even though occupancy in May, at 79.2 per cent, was down slightly from 79.9 per cent in the same month of 2013.
Hotels in England, excluding London, recorded rooms yield of £45.11 in May, up 7.2 per cent on the same month of last year.
BDO partner Alastair Rae cited a boost to the hotel sector in Glasgow in May from the HSBC Sevens rugby tournament and believed Inverness had benefited from tourists beginning to arrive in Scotland after the late Easter.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereComments are closed on this article