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Scottish catering and hospitality news in Scotland
Catering in Scotland magazine is published bi-monthly with in-depth features, views and news for the Scottish catering, hospitality and tourism industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.
Monday, June 08, 2009
Edinburgh's Hotels' Performance Leads UK In April
Occupancy levels for Edinburgh hotels during April rose by more than any other city in the UK. according to accountants and business advisers, PKF. The capital had a 6.0% increase in occupancy during April, with the joint-lowest fall in rooms yield along with York.However, Scotland's three main cities saw occupancy rates falling by as much as 11.1%in Glasgow.
This shows that Edinburgh has retained its strong leisure market despite the economic situation over the last year or so,' says Alastair Rae, a partner at PKF.
'The city is continuing to attract large numbers of tourists, perhaps encouraged by the strength of the dollar and the euro which is producing an encouraging stability in both occupancy and rooms yield for the capital's hospitality sector.'
'Glasgow, meanwhile, has been hit by reduced business spending which will have affected its successful conference market. Unfortunately this aspect of trade is likely to remain depressed for some time as business expenditure looks likely to remain flat for the foreseeable future.
'The market remains volatile and there is still considerable uncertainty about the direction the economy is moving in. However, there is some encouragement for Edinburgh's hoteliers as the city retains a worldwide attraction for large numbers of tourists, and investment in the capital remains high. The Missoni Hotel in the heart of the city is a positive indication of activity in the sector and the figures for April would certainly indicate that hotel investment in Edinburgh is a sound proposition.'
