Revenue Down in UK Hotels

According to the latest survey by Vision Hospitality Asset Management, UK hotels saw Total Revenue fall by 1 percent during February compared to the same month a year ago. Although Revenue per Available Room grew by 1 percent over the month, a 4 percent fall in Food & Beverage revenues led to the overall decline in total income.

Throughout the UK, rooms revenue was marginally ahead, driven by rate growth of 7.5 percent in London and 2.1 percent in the provinces. This rate growth was, however, achieved at the cost of lower occupancy of almost 7 percent in London and a little over 1 percent elsewhere.

As a result of the 1 percent total revenue reduction, Profit per Available Room fell by almost 5 percent, reflecting the impact of higher costs such as food and energy.

Visit for more information.

Read more on:

Suggested Articles:

The Kids Market on Vancouver's Granville Island is a kids' dream and just one of the family-friendly attractions in Vancouver. More here.

A new codeshare agreement and new flights in South America lead this week’s air travel news. Here's what you need to know.

At Signature Travel Network's Owners' Meeting in at the Fairmont Austin, the network presented "Where to go in 2020." Here's a look at…