Human Resources: Remuneration and the Strength of the Industry - By Christopher Mumford

2007-07-02
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  • HVS International Christopher Mumford's March 2007 article in Hotel Report Guide to UK Hotels.

    It is by now a well-known fact that 2006 was a very strong year for the UK hotel industry. With no major terrorism activities, animal related diseases, or economic hiccups to contend with, UK hoteliers were more likely faced with the problem of how to cope with mounting demand. RevPAR figures for Europe show that London was the leader of the pack at 168.83* (£112.40). Elsewhere in the UK, Bath, Belfast, Aberdeen and Liverpool all recorded significant increases of at least 9% in year-on-year RevPAR over 2005. This robust performance is predicted to continue throughout 2007 with no likely tapering off expected before 2008.

    Click here ( Adobe Acrobat PDF file) to download the complete article.

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