In a survey undertaken by a top UK accountancy firm, figures show Scottish hotels recorded the most consistent room yield levels of the UK hotel industry over the past five years.
Whilst falls of over 2% have dogged the British hotel industry over the past five years, Scottish room yields fell by only an average of 0.2%.
City hotel brand Mint Hotel welcomed news some areas actually experienced improved revenue, with rooms in Aberdeen and Glasgow recording yield increases of 2.4% and 0.5% respectively. A spokesperson for Mint Hotel is quoted as having said: “The figures come as an encouraging sign for hoteliers in Scotland, including ourselves. The knowledge that the country's popularity as a tourist destination has not faltered under the stretched economic conditions will encourage further investment throughout Scotland, which can only be good news for the country's tourism industry as a whole.”
Edinburgh was an exception to these figures with a 1.2% drop. But even so, room yield in the Scottish capital was consistently higher than both Aberdeen's and Glasgow's for the duration of the five year period.
However, such positive performance is not expected to remain an exclusive aspect of the Scottish hotel industry for longer, with the nearing of the Olympic Games in London.
For Mint Hotel, whose portfolio of city centre hotels stretches from Glasgow to London (and now into the continent with the recently opened Amsterdam hotel), such an exciting programme of events herald sure signs of growth, with thousands of additional visitors flocking to various locations throughout Britain. The spokesman added: “With the upcoming series of global events taking place in London and throughout the UK, including the Royal Wedding, the Olympic Games, and the Champion's League Final, it is hoped such encouraging industry figures will not be confined to north of the border.”
The report, Hotel Britain 2011, surveyed 549 hotels, with data referring to the period between 2006 – 2010. 133 of these hotels are located in London, with the remaining 416 situated throughout the rest of the UK. The total number of rooms accounted for by the 549 hotels was 92,117.
Mint Hotel, previously known as City Inn, is an established, award-winning independent hotel brand with city centre hotels in London Westminster, Bristol, Birmingham, Glasgow, Manchester and Leeds.