Manchester hotels market improves

HOTELS in Manchester saw revenue per available room (revPAR) increase by 3.3% in the third quarter to £46, compared with £42 last year.

According to the latest monthly results from STR Global, growth in the city was driven by good average room rates of £66 (Q3 2009: £63), and a rise in occupancy levels – up to 70.4%, compared with 67.5% last year.

Paul Lupton, North West head of corporate finance advisory at Deloitte, comments: “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.”