Article by PwC UK October 22, 2021
Encouraging signs for hoteliers
After the most volatile trading period since benchmarking began, the PwC Hotels Forecast 2021-2022 reveals the green shoots of recovery as demand returns. Though performance is not expected to return to pre-pandemic levels by Q4 2022, there are finally encouraging signs for hoteliers.
By the end of 2022, the forecast is that revenue per available room (RevPAR) in London will return to between 43% and 86% of pre-pandemic levels. In the regions, this figure is higher with the forecast between 64% and 100% of pre-pandemic levels.
I believe with the right planning and strategy, hotels across the UK can look forward to significantly better trading over the next 12 months. - Sam Ward, UK Hotels Leader
This year, to help account for the unpredictable path of the pandemic, we have modelled three scenarios: slow, moderate and strong rebounds. You can explore each of these in the full report.
Hotels Forecast 2021 - 2022 - An Emerging Recovery
Find out more about the UK Hotels Forecast, what this means and opportunities for hoteliers into 2022.
By the end of 2022, the forecast is that revenue per available room (RevPAR) in London will return to between 43% and 86% of pre-pandemic levels. In the regions, this figure is higher with the forecast between 64% and 100% of pre-pandemic levels.
Read the full article here
Download 2022 UK Forecast :
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