Business travel and good weather boosted hotels in June
Strong business travel levels plus good weather has seen regional hotels' performance boosted for June, according to preliminary figures released by business advisory and accountancy firm, BDO.
Rooms yield was up 7.2% to £50.05, and room rates were up to £63.17, an increase of 6.3% on this time last year. Occupancy also increased by 0.9%, according to the research.
In London, June marked an improvement on May, with rooms yield increased by 3.1% to £112.04, compared to last year. Average room rate was up 3.4% to £128.84.
Robert Barnard, partner at BDO, said: "The return of the corporate market, and more generally, sustained economic growth, should continue to positively influence both London and regional performance."
He added that the UK was still seen as an attractive destination for overseas visitors, citing recent research that showed London had topped a list of the most popular global city destinations.
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