• Text size      
  • Send this article to a friend
  • Print this article

Hotel occupancy rates rise registered

HOTELS in Glasgow achieved a sharp year-on-year rise in revenues in April, partly because of increased occupancy, a survey has revealed.

The survey of three and four-star properties, published yesterday by accountancy firm BDO, shows revenue per available room for the Glasgow hotel sector came in at £45.73 in April, up 10.8 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.

The occupancy rate for Glasgow hotels in April was 79.8 per cent, up from 78.5 per cent in the same month of last year.

Overall, hotels in Scotland achieved a 7.3 per cent year-on-year rise in rooms yield to £48.61 in April. This increase was achieved even though occupancy, at 74.2 per cent, was down from 76.2 per cent in the same month of 2013.

In Aberdeen, rooms yield was up 6.8 per cent year-on-year at £70 in April. Rooms yield for Edinburgh hotels was £52.73 in April, up 6.4 per cent year-on-year.

BDO partner Alastair Rae said: "Given that demand in Glasgow will soar in July as the Commonwealth Games begin this is an excellent start to the summer season."

Contextual targeting label: 

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.