News - 11th Feb 2008

Latest results for HotStats UK Chain Hotels Market

London Hotels Enjoy Double-Digit Profit Growth

The profitability of chain hotels in the UK increased at a slightly higher rate than sales during 2007.

Income before fixed charges (also known as gross operating profit) increased by 7.6 per cent to £44.14 per available room, compared to a 7.1 per cent increase in room revpar to £66.51.

Aberdeen increases profit the most in 2007

Aberdeen was the stand out performer of last year with IBFC up by 22 per cent to £42.93 per available room. Edinburgh also had a good year with IBFC up by eight per cent to £42.76.

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