PKF is the eighth largest firm of accountants and business advisors in the UK with more than 1,600 partners and staff operating in over 25 offices around the country. Principal services include: assurance and advisory; consultancy; corporate finance; corporate recovery and insolvency; forensic; and taxation. The firm has particular expertise in sectors such as charities; technology and e-commerce; hotel consultancy services; medical; professional partnerships; and public sector.
UK hoteliers had another steady month in June with most reporting increased rooms yields, according to preliminary monthly figures released today by PKF Hotel Consultancy Services. In London, room rate was the main driver rising from £148.14 to £158.51 – an increase of 7.0% between 2007 and 2008. Occupancy dipped by 2.6% in the capital, but this is most likely due to the beginning of the holiday season affecting business travel. Overall, rooms yield rose a healthy 4.3% in London.
This report took on a new design and format in 2004 incorporating the previous London Trends and UK Trends. The report is compiled from data collected from almost 875 hotels across Britain, representing some 136,000 rooms. Of these hotels 203 are located in the capital and 672 spread across the rest of the country. The survey includes statistics of occupancy, average room rate and yield for all hotels and breaks down the data according to geographical region, hotel size and rate band, together with associated commentary with expert outside contributors.
This year Country Trends takes on a new look and features 27 city surveys and three opinion articles from global hoteliers. It covers 1,100 hotels in 16 countries in Europe and nine Middle Eastern and African countries. Hotels from an additional 30 countries are incorporated into three regional analyses – Europe, Middle East and Africa. The report assesses the economic and tourism influences on the hotel industry, as well as future developments within each region. Results of operations in P&L format, down to income before fixed charges, are presented for each country, in domestic currency and regional analyses are shown in euro/US dollars.
City Survey combines two long-standing titles -- EuroCity Surveyand Middle East & Africa City Survey-- which were inaugurated in 1989 and 1994 respectively. As such it provides essential statistics and market commentary on over 527 quality hotels in 49 key cities: 30 in Europe and 19 spread across the Middle East and Africa. It measures market performance in terms of average occupancy, average room rate and rooms yield, as well as providing nationality and business mix for the sample year on year.
Published since 2000