Yorkshire Hotels Outperform Capital Counterparts
Hotels across Yorkshire have dramatically outperformed their London counterparts during 2014, with Sheffield’s hotel industry exceeding expectations on 2013’s data.
New data, published by BDO’s Hotel Britain, shows that hotels in Sheffield, Leeds, York and Bradford have all experienced an impressive increase in their revenue per available room during 2014, whilst London experienced a humble 0.7 per cent increase.
Increases from the four Yorkshire cities saw Leeds increase by 16.7 per cent, Sheffield increase by 16.1 per cent, York increase by 11.8 per cent and Bradford increase by 9.7 per cent from 2013.
Undoubtedly such an impressive increase can be partially attributed to the successful year of tourism Yorkshire experienced, with Le Grand Depart increasing revenue across Yorkshire, which has also seen average room prices in all four cities also increase - with Sheffield coming out on top with prices rising 16.5% to £43.90.
And the good news doesn’t stop there for Hotels in Yorkshire, with York emerging as the best performing city outside of London operating at 82% occupancy. The new data published shows regional hotels have surpassed achievement of their fellow London hoteliers for the first time in 14 years.
Such strong demand has pushed overall UK regional hotels' occupancy to 75.1 per cent - the first time it has surpassed 75 per cent for more than ten years – and coupled with the £10m Northern Tourism fund announced by Nick Clegg, tourism is set to continue to boom through Yorkshire.
Chesterfield College offer a level 2 and level 3 courses in Travel and Tourism, which include the chance to work in our Explore Travel Centre which gives you vital experience of a Travel and Tourism workplace setting.
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