Increasing jobs in Scotland – hotel industry in Scotland booming
In 2009, there was a drop in the occupancy rate and rooms yield in Scotland, still you can find jobs in Scotland.
According to a survey done in 2009, it has been observed that there is a drop both in the yield of the room and occupancy rate in the hotels of Scotland, which is about 5.6% and 1.6%, respectively.
However, during difficult times in the UK and England, the occupancy dropped by 4.8% and 5.5%, respectively. The rooms yield deteriorated by 12.4% and 13.6% in the regional UK and England. Compared to these, it seems as though Scotland hotels are actually doing well from people looking for scotland and is a good indicator for future business, as this leading website suggests.
According to Alastair Rae, partner at PKF commented: “Maintaining occupancy levels appears to have been achieved with only a slight reduction in rooms yield, which bodes well for when the upturn in the market emerges”.
The occupancy rate of Edinburgh opposed the trend marking a rise of about 2.1% – 77.9%. However, there is decline in the rooms yield, which is about 2.8% i.e. £68.58. On the other hand, London showed better figures on both occupancy and rooms yield. Considering the Hogmanay celebration, there is rise of about 5.1% in yield of rooms and 7.9% in occupancy.
If we look at Aberdeen, we find that it showed decline of 9.6% in occupancy and 8.3% in rooms yield, whereas Glasgow showed decrease of 3.2% in occupancy and 7.9% in rooms yield. The number of travellers to Scotand in general is very healthy and this leading site has a vast amount of information on scotland hotels for those interested in Scotland holiday or tourism generally.
Rae opined: “Edinburgh remains a major destination and average occupancy figures of 77.9% for the year would seem to go some way to justifying the continuing investment in the city-s hotel sector”.
He is of the view that Aberdeen and Glasgow has suffered a great deal from unresponsive corporate market. He said “Both occupancy and rooms yield have fallen substantially during 2009 and, unless the business sector picks up, the story is likely to be similar in 2010″. With occupancy falling, the Scotland tourism are keen to bring in as many people as possible; you can find great deals on scotland at the popular site giving details on some of the best deals in Scotland at the moment!
Rae is of the view that the rates of the room were decreased, as the industry was facing the brunt. Nevertheless, this action will help not to reduce the volume of visitors and maintain its position. This will aid in increasing the prices when there is an upturn. Moreover, Rae said “It can be a difficult balance for operators, particularly where there are high levels of debt or the asset needs refreshed”.
