Hotel Occupancy Rates Soar In Belfast
A new report from PwC shows that occupancy rates in Belfast during the seven months to July of this year rose by 5.5 percentage points, which was three times higher than the average UK increase.
According to The Irish Times, the PwC report indicates that Belfast is currently one of the UK's top three cities in relation to the relative performance of the city's hotels. Hotels in the Northern Irish capital have undergone an average daily rate rise of 14.1%, which is far in advance of the UK average rise of 4.7%.
Belfast also came out on top in terms of growing revenue per available room (RevPAR), with a figure of 20.4%, more than three times greater than the 6.1% UK average. Furthermore, Belfast was the fifth highest city for RevPAR in the UK financially, with an average RevPAR of £61.28 per night.