London hotels suffer 9% occupancy drop in June but capital's pipeline leads Europe Hotel hygiene ‘cr

The fall in the value of the euro (around 9 per cent lower than this time last year), coupled with the continued economic uncertainty in the UK means that both European and British tourists are tightening their belts," said Alastair Rae, partner at PKF.
The figures for Edinburgh contrasted with those for the Scottish hotel sector as a whole, which actually reported a significant best pricing airline tickets rise in occupancy and revenues in May. In fact, Scottish hotel occupancy and revenues rose at a faster pace than the rest of the UK.
Meanwhile, the PKF report showed mixed results for England, with hotels in London seeing room yield decline by 0.8 per cent to £126.82, compared with £127.78 a year ago. This was the result best pricing airline tickets of a 0.5 per cent fall in room rate from £151.09 to £150.37 accompanied by a 0.4 per cent decrease in occupancy from 84.5 per cent to 84.3 per cent.
Hotels in the regions increased rooms yield by 1.6 per cent to £45.82 in May 2012 compared with £45.09 a year earlier. This was due to a 1.9 per cent increase in room rate from £60.99 to £62.12, which more than offset a 0.3 per cent drop in occupancy from 73.9 per cent to 73.8 per cent.
Robert Barnard, partner for Hotel Consultancy Services at PKF, commented: "This is a solid set of results from hotels best pricing airline tickets in the regions, which continue to deliver year-on-year rooms yield growth despite a challenging set of operating conditions.
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