Manchester hotels report Q3 revenue rise

The latest hotel market report from financial advisor Deloitte found Manchester's revenue per available room grew 3.3% in the third quarter of 2010 to £46 compared to £42 during the same period in 2009.

Growth in the city was driven by good average room rates of £66 (Q3 2009: £63), and a rise in occupancy levels to 70.4% (Q3 2009: 67.5%).

Paul Lupton, North West head of corporate finance advisory at Deloitte, said: "Once more, hoteliers in Manchester have shown resilience in Q3 having turned in strong results. The quarter benefited from the city playing host to the Labour Party Conference during the final few weeks of September, which I'm sure will have helped push average room rates up as well as occupancy levels."

Hotels across the UK regions also turned in a strong performance during Q3, enjoying double-digit revPAR growth of 10.8% to £49 (versus £44 in 2009). Occupancy rose 6% to 74.9% (Q3 2009: 70.7%), average room rates grew 4.5% to £65 (Q3 2009: £62).

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