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UK hotels forecast 2012 and 2013

March 2012

Our UK hotels forecast is our flagship publication for the hospitality industry. In this edition we give an updated view on hotel performance for 2012, provide our first forecast for 2013 and look at the key trends that will impact the UK hotel sector over the next two years.

 

Video transcript

2012 forecast

  • A record year for London with 2.8% revenue per available room (RevPAR) growth and London hotel occupancy in the third quarter hitting almost 92%.
  • Another difficult year for the regions with RevPAR likely to fall by 1.2% in the regions

2013 forecast

  • Lower demand and an east London supply spike could depress trading in London , with no quick relief for squeezed consumer spending, we anticipate a 3% fall in occupancy in 2013.
  • Meanwhile, regional hotels may at last see relief with some rates growth in 2013 as rates rise by 2.4%, but occupancy falls by -0.3% and RevPAR rises by 2.0%.