That was one of the findings of Hotel Bulletin’s Q4 2016 report.
Hotels in cities with a more developed tourism industry performed noticeably better in Q4 2016 “as a result of the weaker pound attracting foreign tourists and Britons choosing staycations”, claims the report, published by HVS, AlixPartners, STR and AM:PM.
Belfast, for example, saw RevPAR (rooms revenue per available room) growth of 23% during the final quarter on the back of significant investment in the city as a tourist destination.
Liverpool’s hotels reported growth of 14% during the same period, while Edinburgh and Bath both experienced 13% growth in RevPAR.
