Early bird
tickets
available now!
Job search
Job Search
Latest news
More news: (showing 1 - 20 of 13784)           
UK only International

Positive momentum and upcoming Rugby World Cup to boost UK hotels in 2015: PwC figures

By Chris Dodd    19 Sep 2014
Several UK cities will host matches as part of the Rugby World Cup next year / Shutterstock.com/Neil Balderson

Strong performances from London’s hotel sector alongside the UK’s regional cities, combined with the upcoming Rugby World Cup, are expected to contribute to a 5.6 per cent gain in revenue per available hotel room in 2015, according to new figures from PricewaterhouseCoopers' UK hotels forecast.

The promising increases are expected to be driven by four per cent growth in rates for offerings, as well as an expected increase in room occupancy of just over one and a half per cent.

The UK’s capital city has seen some positive increases, with the area experiencing occupancy rates of 80 per cent in the first half of 2014, with London’s yearly occupancy rate for 2014 expecting to measure up at 83 per cent.

Strong showings have also been recorded in Britain’s regional cities, where PwC expects a growth rate of three per cent for the year, taking occupancy overall to 75 per cent – the highest measure for 14 years.

For example, in the cities of Aberdeen, Bristol, Cardiff, Coventry, Manchester, York, Plymouth and Southampton, revenue per available room (RevPAR) moved into double-digit growth figures.

Experts also predict that positive showings in the market next year will be encouraged by British cities hosting matches at the Rugby World Cup.

“We expect further growth in 2015 from demand to attend Rugby World Cup matches. The event will be held across the country in Birmingham, Brighton, Exeter, Cardiff, Gloucester, Milton Keynes, Leicester, Leeds, Newcastle and Manchester, as well as London. With a third of matches set to be played on a Sunday – traditionally a low occupancy night – the event is a great opportunity for hotels,” said Liz Hall, head of hospitality and leisure research at PwC.

According to the study, at the end of June this year there were around 23,000 rooms in the UK development pipeline expected to open in either 2014 or 2015, with over 10,000 of these new rooms expected to be created in London.

The positive figures from the report come as the UK welcomes strong figures across in the tourism sector, with Britain experiencing its highest number of overseas visitors ever during the first half of 2014.

Sign up for FREE ezines
Related news

Company profile

Company profile: IndigoFitness
At IndigoFitness, we're not just about providing equipment; we're about delivering exceptional training spaces. We understand that each fitness facility is unique, requiring tailored solutions for optimal performance. We’ve gained invaluable experience over almost 30 years, working with hundreds of gyms of all shapes and sizes, in a range of different industries.
View full profile >
More company profiles

Featured Supplier

Developing tomorrow’s champions: BLK BOX and Cardiff Met’s Archers Performance Centre
The BLK BOX team is thrilled to unveil its design and construction work on the brand-new Cardiff Metropolitan University's Archers Performance Centre.
View full details >
More featured suppliers

Property & Tenders

Location: Jersey
Company: Jersey War Tunnels
Location: Chiswick, Gillingham, York and Nottingham
Company: Savills
Location: Cleveland Lakes, Wiltshire and Gloucestershire
Company: Cotswold Lakes Trust
Location: Loughton, IG10
Company: Knight Frank
Location: Grantham, Leicestershire
Company: Belvoir Castle
More properties & tenders

Diary dates

03-05 Sep 2024
IMPACT Exhibition Center, Bangkok, Thailand
08-10 Sep 2024
Wyndham® Lake Buena Vista Disney Springs™ Resort, Lake Buena Vista, United States
19-19 Sep 2024
The Salil Hotel Riverside - Bangkok, Bangkok 10120, Thailand
20-22 Sep 2024
Locations worldwide,
More diary dates