UK Chain Hotels Market Review - October 2012
Profit growth in London remains strong as corporate and leisure demand returns
Growth in volume and price across all market sectors kept London hoteliers on a high in October as corporate travellers returned to the city and leisure visitors continued to flock to the capital, according to the latest HotStatssurvey of approximately 560 full-service hotels across the UK by TRI Hospitality Consulting. With the culmination of the Paralympic Games in September, for the first time in what seems like a long time, Londoners have not had a party to attend this month.
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HotStats provides monthly P&L benchmarking and market insight for the global hotel industry, collecting monthly detailed financial data from more than 8,500 hotels worldwide and over 100 different brands and independent hotels. HotStats provides more than 550 different KPIs covering all operating revenues, payroll, expenses, cost of sales and departmental and total hotel profitability.
