×
The email you entered is not valid.
Travel

5 key points on U.K. and Ireland hotel performance

Source: https://str.com/data-insights-blog/covid-19-webinar-summary-5-key-points-uk-and-ireland-hotel-performance-24-july

Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in the U.K. and Ireland.

Ireland finds optimism in average daily rate

While ADR has declined since the end of 2019, the decline is modest compared to Ireland’s significant demand loss over the same period. Peaks in rate over the past few weeks indicate healthy weekend leisure travel.

Dublin: strong performance for Midscale and Economy class hotels

Midscale and economy class hotel occupancy is fast approaching 40% while luxury and upper upscale hotels struggle to reach 15% occupancy.

Regional markets lead U.K. recovery

Pre-COVID, London (orange in the chart below) was one of the highest-demand U.K. markets and averaged nearly 80% occupancy. Over the last several months, demand has shifted out of the capital and into regional markets.

Some positivity on the weekends

Weekend performance remains a bright spot for the U.K., with weekend occupancy in holiday markets such as Bath, Bournemouth, and the Lake District topping 70%.

Looking ahead: Forward STAR update

Six of eight U.K. markets show double-digit occupancy on the books over the next two, four, and 12 weeks, respectively, although London performance remains muted in comparison to other markets.

To learn more about the data behind this article and what STR has to offer, visit https://str.com/.

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Datamyne

Founded in 1992 with the aim of accurately documenting import‐export transactions in the Americas, built and maintained by an international team, Descartes Datamyne today is a top‐ranked provider in the highly competitive US market for trade data.

GET WEEKLY ALERTS

Sign up to receive our stories in your inbox.

The email you entered is not valid.

LET US HELP

Data is changing the speed of business. Investors, Corporations, and Governments are buying new, differentiated data to gain visibility make better decisions. Don't fall behind. Let us help.

DATA PROVIDER SPOTLIGHT

Datamyne

Founded in 1992 with the aim of accurately documenting import‐export transactions in the Americas, built and maintained by an international team, Descartes Datamyne today is a top‐ranked provider in the highly competitive US market for trade data.