PwC report suggests growth across the board for UK hotels, underpinned by a resilient economy, buoyant business travel and a knock-on effect from the Rugby World Cup. Modest growth in occupancy should be mirrored in both the Provinces and in London and should be enough to lift occupancies to record levels.
“With occupancies high, we anticipate ADR growth will drive a strong RevPAR resurgence in nominal terms. In real terms we hope we are seeing the beginning of a sustained and bedded-in period of growth in the Provinces – which is very good news.”
For more information and to download the report visit the PwC website.
