Our new look West Midlands Monthly Hotel Market Report, produced by our Regional Observatory team, is now available for download.
It highlights that:
Encouragingly occupancy, average room rate (ARR) and Revenue per available room (RevPAR) in May 2018 were all up on the same period of 2017:
- At 74.9% occupancy was 1% higher than in May 2017
- ARR was £1.50 higher
- At £52.80 RevPAR was £1.90 up on May 2017
However all three indicators were still below the national average