Thursday, June 13, 2024
Thursday, June 13, 2024
HomeNewsBusiness NewsScottish hotel occupancy outpaces UK

Scottish hotel occupancy outpaces UK

Thanks to a hat-trick of bank holidays, Scotland’s hotels sector saw a significant increase in occupancy in May, according to data compiled by Hotstats and analysed by RSM UK.

Occupancy rates in Scottish hotels rose from 73.2% in April to 77.8%, outpacing the UK average, with average daily rates (ADR) of occupied rooms rising from £114.32 in April to £136.08. Meanwhile, revenue per available room (RevPAR) increased from £83.71 to £105.94 during the same period.

“The impact of the hat-trick of bank holidays in Scotland in May has undoubtedly helped performance in the hotel sector”, said Stuart McCallum, RSM UK’s regional lead for consumer markets in Scotland.

He said, “May would be the traditional start for the summer holiday season in Scotland and this trend through April into May really does bode well for a great season for Scottish hoteliers. This will be bolstered by more international tourists visiting the major cities for a number of world-renowned events.

“With the Edinburgh Fringe Festival in August and the UCI Championships at the same time in Glasgow, demand for hotels is going to rise rapidly, with limited discounts available given the strong demand.”

 

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