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The UK hotel industry has experienced an overall increase in room rates of 26% between 2011 and 2015, despite ‘economic uncertainties’.
That is according to hotel solutions provider HRS, which compared average room rates worldwide over the last four years. It said that London is one of the top three most expensive cities for an overnight stay in the world, costing £141 on average per night.
Rates in the city increased by 31% during the four years, benefitting from the legacy of hosting major events such as the Royal Wedding and the 2012 Olympic Games. HRS said this has made it an “even more desirable” destination for both business and leisure travellers.
In the UK, London, Leeds and Manchester recorded the biggest increases in average room rates per night between 2011 and 2015. Leeds almost doubled its cost per overnight stay with a 41% to £93 rise, while Manchester recorded a 30% increase to £95.
Meanwhile, Edinburgh is the second most expensive city to stay in the UK with an average room per night costing £102 (up 10%), followed by Bristol at £97 (20%) per room per night.
Jon West, managing director, said: “London has clearly continued to hold its own as a major international destination for travellers. UK hoteliers should find it reassuring that other cities are also benefitting from the uplift in demand.”
New York was found to be the most expensive destination in the world for a hotel stay, room rates in the city increased 32% from £149 in 2011 to £197 in 2015, while Washington came in at second with an average price of £154.
