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Hotels enjoy positive growth in 2011

People in hotel management jobs across the UK enjoyed a fairly positive year in 2011 despite the economic slump and falling consumer confidence in other sectors. Hospitality research experts STR Global found revenue-per-available-room (RevPAR) growth in 2011, indicating a successful year of trading. However, events such as the royal wedding had little impact on hotel performance, something which could concern hoteliers banking on a boost in business levels over the course of the London 2012 Olympic Games. "Overall 2011 has been a good year for UK hoteliers thanks to positive demand growth," said Elizabeth Randall, managing director at STR Global. RevPAR grew by 8.4 per cent in London over..

from Caterer.com

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