Scottish Hotel Occupancy Rises But Lags Behind UK Average

21st July 2010 (Last Updated July 21st, 2010 18:30)

After a decline in April, occupancy rates for hotels across Scotland rose in May by 2.8% year-on-year, indicating market stabilisation in the country, according to a new report. The rise, although significant, is still less than the 5.7% increase registered for the UK.

After a decline in April, occupancy rates for hotels across Scotland rose in May by 2.8% year-on-year, indicating market stabilisation in the country, according to a new report.

The rise, although significant, is still less than the 5.7% increase registered for the UK.

Scotland’s room yield rose by only 0.3% to an average of £56.04 ($85.50), while the UK market saw room yield increase by 5.2% to £45.69 ($69.70).

The survey, conducted by accountancy firm PKF, suggests that Scotland is lagging behind the rest of UK in occupancy and static room yield figures.

The figures showed discounted room prices in Aberdeen and Edinburgh to maintain occupancy rates, while room revenue and occupancy rose slightly in Glasgow.

Occupancy levels rose in Aberdeen by 3.9%, in Glasgow by 6.7% and by 2.6% in Edinburgh, according to The Scotsman.