• Regional winners

Two thirds of 12 UK regions saw hotel profits improve in 2013. Using a goppar measure, hotels in greater London, the east, north east and West Midlands all saw business profitability slip, report Hotstats.

Hoteliers in the north west had the best year, with occupancy up 1.6%, room rate up 3.7% and the corporate segment overtaking leisure in the business mix. In the West Midlands, an improvement in occupancy failed to offset increases in overheads, driving profits down.
Read the full story here:
http://www.hotstats.com/PDF/Files/HotStats_UK_Chain_December_2013.pdf

Share →