Scotland hotels fare better than elsewhere in UK

Hotel News - 24/01/2013

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Hotels in Scotland saw better performance in November than their counterparts elsewhere in Britain, reports said on Wednesday.

According to new figures from business advisory firm PKF, Scottish properties saw better than expected revenues and occupancy rates during the 30-day period, although the results varied greatly between locations.

Aberdeen and Glasgow both saw encouraging performance in November, according to the report, whilst Inverness and Edinburgh posted modest figures. The total occupancy rate for all hotels in Scotland was 70.7 per cent, marking the highest number seen in the UK for the month, despite a 0.3% decrease from the previous year’s figure.

Analyst Alastair Rae said on behalf of PKF that although Scotland is seeing “positive” figures compared to other portions of the UK that the numbers clearly reveal that good performance is occurring in some areas but not in others.

Rae said that the hospitality sector on the whole has continued to deal with a “bumpy ride” due to regional economic woes. He added that the coming months would likely bring more of the same due to tight discretionary spending and concerns surrounding volatility of employment.

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