27. Juli 2010 
Print
Print
Strongest month for RevPAR growth of 2010 causes a surge in profitability in London
Following the respite in May, a one per cent increase in payroll as a percentage of total revenue as well as an increase in costs across the market resulted in a decline in GOPPAR of 3.5% at provincial hotels to £34.19, despite the increase in RevPAR.
Hotels in the Provinces have struggled to gain momentum in 2010 and the first half of the year ended with an overall decline in GOPPAR of 2.9%, adding further gloom to the 19.7% decline during the same period in 2009. The positive rooms revenue movement for provincial hoteliers in June was not enough to drive a year-on-year increase in the first six months of 2010 and RevPAR remained flat at £45.49.
Although rate remains a challenge throughout the UK, room occupancy in Leeds (+1.8 percentage points), Liverpool (+0.1 percentage points) and Birmingham (+5.0 percentage points) showed positive movement.
“The first six months of 2010 were always going to be a challenge for provincial hoteliers, but the loss of business in January and April was particularly unwelcome. We hope for the hoteliers’ sake that the second half of the year will be a more stable operating environment,” added Langston.
BA industrial action hits BAA airports yet again
Whilst the month of June should have signified the beginning of the summer season and kick started BAA's recovery following a disappointing first half of 2010, the dismal year continued. Industrial action by BA cabin crew caused an estimated 1.7% drop in passenger numbers on 2009.
Heathrow airport was one of only two airports to experience an increase in passenger numbers, by 0.1%, with the group's Scottish airports at Edinburgh, Glasgow and Aberdeen estimated to have suffered a decline of 2%, 7% and 4% respectively compared to June 2009.
Undeterred by another month of disruption, average room occupancy in the Heathrow hotel market increased by 7.5 percentage points in June to an annual high of 87.1%. Average rates in the market also benefited from an increase (of 2.2%) resulting in a RevPAR growth of 11.9% for the month of June, according to the latest HotStats survey.
Signifciant disruption to the operation of BAA’s UK airports in the first six months of 2010 has resulted in a year-on-year decline in passenger numbers of 5.5%. In contrast, RevPAR at Heathrow hotels has increased by 9.1% in the first six months of the year, to £56.01.
Hotels in the Provinces have struggled to gain momentum in 2010 and the first half of the year ended with an overall decline in GOPPAR of 2.9%, adding further gloom to the 19.7% decline during the same period in 2009. The positive rooms revenue movement for provincial hoteliers in June was not enough to drive a year-on-year increase in the first six months of 2010 and RevPAR remained flat at £45.49.
Although rate remains a challenge throughout the UK, room occupancy in Leeds (+1.8 percentage points), Liverpool (+0.1 percentage points) and Birmingham (+5.0 percentage points) showed positive movement.
“The first six months of 2010 were always going to be a challenge for provincial hoteliers, but the loss of business in January and April was particularly unwelcome. We hope for the hoteliers’ sake that the second half of the year will be a more stable operating environment,” added Langston.
BA industrial action hits BAA airports yet again
Whilst the month of June should have signified the beginning of the summer season and kick started BAA's recovery following a disappointing first half of 2010, the dismal year continued. Industrial action by BA cabin crew caused an estimated 1.7% drop in passenger numbers on 2009.
Heathrow airport was one of only two airports to experience an increase in passenger numbers, by 0.1%, with the group's Scottish airports at Edinburgh, Glasgow and Aberdeen estimated to have suffered a decline of 2%, 7% and 4% respectively compared to June 2009.
Undeterred by another month of disruption, average room occupancy in the Heathrow hotel market increased by 7.5 percentage points in June to an annual high of 87.1%. Average rates in the market also benefited from an increase (of 2.2%) resulting in a RevPAR growth of 11.9% for the month of June, according to the latest HotStats survey.
Signifciant disruption to the operation of BAA’s UK airports in the first six months of 2010 has resulted in a year-on-year decline in passenger numbers of 5.5%. In contrast, RevPAR at Heathrow hotels has increased by 9.1% in the first six months of the year, to £56.01.
Previous Page
