EDINBURGH has been named as the Scottish city with the fastest growing hotel revenues.
The monthly hotel survey from business consultancy BDO LLP found that the capital and Aberdeen saw the strongest revenue growth in May, with revenues up 19.8% and 16% respectively. The average rooms yield (revenue) in Edinburgh was £74.23 for the month, while Aberdeen revenues topped £77.02.
Alistair Rae, a partner at BDO, said Edinburgh’s performance was “enhanced both by increased tourist numbers and an upturn in business visitors for some high profile conferences”, such as the IDD International Dermatology Conference and the EU ESPHM conference”.
The Scottish hotel sector continued to outperform the UK as a whole with a rooms yield (revenue) of £58.94 compared with £44.29 for the UK.