HotStats: UK Market Spotlight

HotStats | July 18, 2023

Monthly Trends: United Kingdom Hotel Market Performance (Year to Date 2023 vs Year to Date 2022 & 2019) In the latest updates on the regional market performance of the hotel industry in the United Kingdom, we share year-to-date data from May for 2023 compared to the same period in 2022 and 2019, according to HotStats’ monthly Hotel Benchmarking reports. TrevPAR (Total Revenue per Available Room): TrevPAR has seen an impressive year-on-year growth of 40% in 2023, surpassing the levels achieved in 2019 by 2%. Occupancy (Occ): While there is still a gap in occupancy compared to 2019, there has been a significant improvement of 15 ...