Banksy could be the hero for Bristol's recession-hit hotels
The performance of Bristol's hotels is lagging behind others in the region, according to research released today.
Data from accountants Deloitte showed hotel occupancy figures in Bristol were behind Bath in the first six months of 2009.
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Despite the economic conditions, Bath, a World Heritage site, continues to be a major attraction and hotels in the city showed only a 5.7 per cent fall in revenue per available room (revPAR) in the first half of the year.
While still negative, it compares favourably with the national average of an 11.1 per cent fall in revPAR. The result was reflected in good occupancy rates for Bath's hotels.
Despite having the highest average room rate (£83) outside London, the city was one of the least affected markets in the country, achieving 70.9 per cent occupancy throughout the first half of 2009, second only to Glasgow.
But Bristol experienced a 12.3 per cent decline in revPAR, 1.2 per cent below the national average while Swindon hotels' 20.5 per cent decline made it one of the worst among the 18 destinations surveyed.
Experts believe the impact of the Banksy exhibition in Bristol, which opened on June 14 and runs until August 31 will improve hotel occupancy rates in the city over this period.
More than 285,000 people have visited the graffiti artist's display at the Bristol Museum.
Denis Woulfe, Practice Senior Partner at Deloitte in Bristol, said: "The South West hotel industry's performance has a strong correlation to UK gross domestic product performance and should start improving as the recession subsides.
"However, the region's performance could be buoyed by strong domestic demand for tourism this summer as more Brits take short breaks in the UK.
"The strong Euro against Sterling has also made the UK less expensive than in the past. Overall, hotels in the UK and the South West held up exceptionally well in the global economic downturn with revPAR down by only 12.9 per cent, in contrast to other countries across Europe which are seeing a revPAR drop by up to 40 per cent."







9 Comments
by Rob, Knowle
Monday, August 24 2009, 8:14PM
“Why have you posted as 'Steve', hypocrite?”
by Michael, Bristol
Monday, August 24 2009, 4:11PM
“Next weeks headline will read
'Primark could be the hero for Bristol's recession-hit hotels'”
by Conrad, BS1
Monday, August 24 2009, 4:02PM
“Strange that only recently the Post run a headline story about how great everything was and the hotels in Bristol were running at maximum occupancy.
Shame they refer to previous stories....”
by George, Bristol
Monday, August 24 2009, 3:34PM
“Lol at Steve!
You're quite right - Rob is just an angry, deluded, little person - my very own internet stalker.
Harmless enough though - Bless... :)”
by Steve, Bristol
Monday, August 24 2009, 1:25PM
“Rob - I take it the cracks good today?”
by Rob, Knowle
Monday, August 24 2009, 12:40PM
“"Hypocrites the lot of you"
George, Bristol
This little gem from Bristol's biggest hypocrite!!
The pavement riding, red light running, (but I don't really), oh so safe cyclist that DRIVES TO WORK, yet castigates others that do the same! That is a hypocrite in anyones language.
Nice one Forrest Gump. I reckon your position as Bristol's village idiot is safe for now.
Have another turnip.”
by Howard, Not Bristol
Monday, August 24 2009, 11:30AM
“Bristol is a complete dive over-ridden with chav scummers. If prople are coming to see the Banksy exhibition they are probably doing it en-route to somewhere decent in Cornwall or Bath. Bristol needs to clean up its litter and people problems.”
by George, Bristol
Monday, August 24 2009, 9:37AM
“"graffiti artist's "
Not "controversial grafitti vandal" anymore then, BEP?
funny how you changed your tune when Banksy became a bit more famous with "ordinary" Daily Mail type reader folk.
Hypocrites the lot of you.”
by MikeMSN, Midsomer Norton
Monday, August 24 2009, 9:33AM
“Bath makes more of an effort to offer visitors a decent experience. There is a ban on drinking alcohol in public spaces, which the police largely enforce. There is a dedicated graffiti removal unit, which also has a good effect.
The weak pound may not be decisive to would-be holiday makers. They've experienced the binge drinking trash Brits in Europe, and wouldn't feel much like paying to experience them on their home turf. We need to make our cities attractive to decent people, before foreigners will feel much inclination to stay in them.”