One of our favourite hospitality industry reports is the one produced by BDO’s hospitality experts annually called Hotel Britain. This year’s report contains some exciting analysis of how Britain’s hotel sector fared in 2014 and where it is headed in 2015 and beyond.
The big surprise? Regional performance. The report confirms that 2014 was a great year for London with robust occupancy rates, but the regional hotels experienced a stellar 2014. London counterparts were ‘outperformed’ when the regional hotels’ rooms yield experienced double digit growth. AARR increased and regional hotels experienced a higher compound annual growth rate over the last five years when compared to that of the capital.
Find out who were the “Winners and Losers” in 2014, see a summary of 5 years of sector performance and find out if there are any bumps expected on the road ahead. The report can be downloaded at BDO’s website: http://www.bdo.co.uk/news/hotel-britain
Questions about Hotel Britain 2015 can be directed to Robert Barnard MIH, Partner, at 0207 893 2143 or email here.