North West hotels see greatest profit improvement in 2013

23 January 2014 by
North West hotels see greatest profit improvement in 2013

The North West has experienced a 6.1% rise in revenue per available room (revpar) to £51.63 in 2013, according to the latest figures.

HotStats UK chain hotels market review has found that occupancy was also up 3.7% in the North West year on year, as the region had the greatest year on year progress.

It saw total revenue per available room (trevpar) rise 3.8% to £98.48, while gross operating profit per available room increased by 5%.

Those posting negative moves in goppar last year included Greater London, the East of England, the North East and the West Midlands.

Birmingham fared particularly badly, with a 1.6% drop in goppar, despite a 2.3% increase in revpar and 1.1% growth in trevpar. It had a dire December, with goppar down 21.4% due to overheads per available room increasing by 37.9%.

In 2013 Nottingham hoteliers increased occupancy to 68.7%, at the expense of average room rate, which dropped 1%. As a result revpar grew 6.6% to £37.46.

Scottish and Leeds hotels enjoy strong November 2013 >>

Regional hotel property focus: Nottingham >>

Ongoing growth in hotel performances for October >>

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