One of Our Favourite Reports: BDO’s Hotel Britain

Hotel Britain 2014 - a MUST read from experts at BDO!
Hotel Britain 2014 – a MUST read!

Each year the British hotel industry and related sectors look forward to the release of Hotel Britain, BDO’s annual report showing how UK hotels are performing. Formerly published by PKF Consulting, once BDO and PKF merged the decision was made to retain this valuable research report – and for that we and the industry are grateful. The 2014 report contains:

  • Detailed performance on Britain and its regions, noting underlying trends for key markets.
  • Historic performance data.
  • Analysis, expert commentary and insights into future prospects, explaining what 2013 held for the hotels sector.

Here are some of the many key points contained in Hotel Britain 2014:

  • UK economy showed tentative signs of improvement in 2013, though it remained fundamentally weak. However, the service sector has shown a bounce back since the recession.
  • Crowning two consecutive years of growth for international visitors, 2013 also saw the most inbound trips for some time. Visitors reached 32.9 million, up by 5.8% from 2012 and the highest figure since 2007.
  • UK hotels overall had a good 2013. This was especially true in the regions, which outperformed London compared to the previous year. Regional hotels’ performance was driven by the increase in occupancy, while AARR remained stable. This has prompted new confidence in the Regions, where the MICE market is also returning to some extent.

To see the full Hotel Britain report and read the detailed breakdown of research, visit the BDO’s Hotel Britain website.

Advertisements

Author: Institute of Hospitality

Established in 1938, the Institute is the international professional membership body for managers and aspiring managers who work or study in the hospitality, leisure and tourism industries. We help more than 10,000 hospitality professionals in 100 countries grow their knowledge, professional profile and expertise offering a wide range of high quality membership services such as targeted and regular industry networking events, hospitality qualifications and extensive online quality resources such as free management guides, Hospitality magazine, webinars, ebooks and ejournals. To learn more about our many member benefits, view our website or email membership@instituteofhospitality.org