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London London

Revenue Rise Fails to Deliver Growth at UK Hotels

Despite recording a 0.6 percent increase in total revenue in November 2017, profit per room at hotels in the UK fell by 1.1 percent due to escalating costs, according to the latest worldwide poll of full-service hotels from HotStats.

Growth in revenue levels was marginal for the recorded month, led by a 0.5 percent increase in RevPAR. This RevPAR increase was in spite of a 0.6 percentage point decline in room occupancy, to 78.5 percent, which was offset by a 1.3 percent increase in achieved average room rate.

In addition, year-on-year growth in non-rooms revenues was limited, at just 0.9 percent in the food and beverage department, with growth also recorded in conference and banqueting 2.6 percent and leisure three percent, on a per available room basis.