Hotels booming in Glasgow

25 Sep 2018

The hotel sector in Glasgow is growing faster than in any other city in the UK, with the average cost for an overnight stay climbing 7.5% in the first half of 2018, with occupancy rates increasing to 79.1%.

PwC's latest Hotels Forecast report shows that the average daily rate in Glasgow climbed to £73.41 from £68.31, while the key revenue per available room  benchmark was up 8.2% to £58.08 - eight times the pace of growth in the UK overall.

Liz Hall head of hospitality and leisure research at PwC, said:"Glasgow's reinvention as a modern city with international appeal for both tourists and businesses continues, with the city's hotels showing an impressive performance, driven by the 7.5% increase in average daily rate, as more four-star hotels open.

"The performance of Glasgow's hotels sector highlights the extent to which the city is now seen as a major tourist attraction with the number of international visitors increasing by a fifth to 787,000 in 2017."

In Glasgow, new openings by Radisson Red, Motel One, Ibis Style and Marriot's Moxy Hotel on High Street have increased available rooms, while further developments are underway in the IFSD and at the Scottish Events Campus.