Hotel occupancy on the rise

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HOTELS in Portsmouth have reported improved occupancy levels in March, while those in Southampton and London have remained stagnant.

Preliminary hotel figures have been released by business advisory and accountancy firm BDO.

Portsmouth hoteliers saw a 1.9 per cent rise in occupancy from 74.1 per cent to 75.5 per cent in March, compared to the same period last year.

Although the price paid for hotel rooms has dropped slightly to £63.14 compared to £64.09 in March 2012, room yield still increased by 0.4 per cent from £46.67 to £47.48 in hotels across Portsmouth.

Chris Driver, audit director at BDO, said: ‘This is the fifth consecutive month in which regional hotels have outperformed their London counterparts, which is the opposite of what we have seen for much of the past few years.’