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UK luxury hotel occupancy rises to 69.8% in 2024

The data, which is compiled and produced by Hotstats and analysed by RSM UK, found that average room rates of UK luxury hotels jumped from £327.33 in 2023 to £358.69 in 2024

The luxury hotel market has continued to strengthen as guests have “upgraded” their choice of hotel, with occupancy of UK luxury hotels rising from 68.2% in 2023 to 69.8% in 2024 as cost-of-living pressures have started to ease, according to RSM

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