CLH Digital - Issue #109

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Issue 109

www.CLHNews.co.uk

CLHNews

CLHNews

Staycation Boost as Seaside Destinations Exceed Pre-Pandemic Performance

Staycation is providing a real boost, with the seaside destinations of Blackpool, Bournemouth, and Plymouth all topping their pre-pandemic performance across average daily rates and revenue per available room, according to new analysis by commercial real estate firm Colliers has found. Colliers’ UK Hotel Market Performance report examined the performance of 25 UK hotel submarkets during 2021 and in its latest report, the firm found that hotels in the seaside destinations were able to secure between 25 per cent and 45 per cent higher room rates than in 2019, helping to stave off rising costs of

operation. This resulted in the destinations achieving up to 20 per cent higher RevPAR than their 2019 results. Although occupancy across the submarkets never matched 2019’s results due to the Government enforced lockdown at the beginning of last year, Bournemouth, Plymouth and Exeter were among the most popular destinations for domestic holiday makers, behind the region of Gloucester, and Norwich in 2021.

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