20th January 2011 back to news

Scottish hotels lead the way

Hotels in Glasgow and Edinburgh are currently out-performing those in Amsterdam, Barcelona, Rome and Vienna!  Occupancy rates are showing strong year on year rises, also faring much better than the sector in England and Wales.

Scottish hotels, for example, enjoyed an overall occupancy rate of 82.5% in September, up from 78.7% in the same month last year. The occupancy rate in September for England was 77.6% and in Wales 77.5%, and 78.2% in the UK as a whole. Room yields, the room occupancy multiplied by the average room rate achieved, stood at £64.21 in Scotland in September, up 5.2% on the same month last year. In England the room yield rate was £49.48 and in Wales £49.11, and £51.23 in the UK as a whole.

Both Glasgow and Edinburgh are achieving room occupancy rates of over 80% in many months, with hotels in Aberdeen now pushing beyond 75% on average.

There is no doubt that 2010 has been a challenging year but, as these positive figures show for the hotel industry in Scotland, there are opportunities to be seized and business to the won.

For any further information please contact Gary Louttit, Head of Licensed Trade & Leisure department at the Glasgow office: 0141 332 1194.