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'Healthy' August for UK hotel operators
Preliminary research released by PKF Hotel Consultancy Services found that UK hotel operators experienced a 'healthy' month during August.
Compared with the same period last year, hoteliers in London saw room rate, occupancy and rooms yield all grow. Regional operators also reported a similar performance. In London, room rate climbed by 3.8 per cent to £103.49 and rooms yield grew by 4 per cent to £84.71. In the regions, there was a 2.6 per cent growth in occupancy and a 2.7 per cent rise in rooms yield.
Robert Barnard, partner for hotel consultancy services at PKF, said: "The figures for August suggest demand continues to strengthen compared to 2009 and therefore the outlook is more positive as a result. "However, as mentioned last month the spending review in October could affect business travel again. Hoteliers are at least in a slightly stronger position than earlier in the year so if there are any after effects, we will hopefully find they are not felt too strongly."
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