Edinburgh tops UK Hotel rankings
Published: 24 April 2018
Edinburgh's hotels outperformed the rest of the UK to achieve a fantastic year of growth in 2017.
The findings of a report on the UK hotel market by BDO, underline the vibrancy of the Scottish sector as the fall in the value of the pound since the Brexit vote and the popularity of staycations provide a big boost to trade. The BDO report is the definitive guide to UK hotels performance over the previous year.
2017 proved to be a fantastic year...Edinburgh was clearly the top performer...
Martin Gill, Partner and Head, BDO, Scotland
BDO said Edinburgh was the top regional performing city. It achieved the highest occupancy rate of any of the UK cities at 85.3%, up 1.8% on 2016. Average yields in Edinburgh increased at a faster rate in than in any other UK city, rising by 10.2% to £74.16. BDO noted Edinburgh benefits from strong leisure and corporate demand...