Edinburgh tops UK hotel development index

Published: 05 March 2019

Edinburgh has once again topped a UK-wide index revealing “hot spots” for hotel performance and development activity.

The Scottish capital was the best performer on Colliers International’s latest UK Hotels Market Index for the second consecutive year, with a rating of 3.86.

There is an expectation that visitors will be returning in ever greater numbers when the season gets going...reflected in the number of new hotel developments in the city...

Alistair Letham, Director of Hotels Agency , Colliers International in Scotland

 

A strong investment pipeline, consistently high occupancy rates and increased revenue per room in 2018 contributed to the city’s overall score.

The property advisor’s index analyses 34 UK locations across five categories to determine “hot spots” for hotel development. 

In the last year Edinburgh hotels grew their revenue per available room (RevPAR) by 6.1 per cent, the fourth consecutive year of growth...

Full Story Via The Scotsman News

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