25th September 2008
Conference sector cutbacks hit Glasgow hotels
Cutbacks from event organisers in the conference sector are having a substantial effect on hotels in Glasgow, with visit. . .
<p>Cutbacks from event organisers in the conference sector are having a substantial effect on hotels in Glasgow, with visitor numbers down by over 11 per cent in July. </p><p>According to a new study from business advisory firm PKF, the average decline in occupancy across Scotland surpassed eight per cent in July, although the average figure for the whole of the UK was a fall of just 1.4 per cent. Individual room yields also exhibited a steep fall of 15 per cent in Glasgow.</p><p>Alastair Rae, a partner at PKF, said: "There is growing evidence that corporate spending on travel is being curtailed. Business customers tend to spend more in the hotel and hence raise the rooms yield rate."</p><p>Despite the downturn, however, confidence in the conference sector in the city seems undiminished, with hospitality firms predicting renewed interest soon as investment announcements continue.</p><p>According to travelmole.com, Liverpool has seen an occupancy surge of more than seven per cent, owing to its current status as Capital of Culture.<br/><img alt="ADNFCR-1753-ID-18798099-ADNFCR" src="http://feeds.directnews.co.uk/feedtrack/justcopyright.gif?feedid=1753&it..." /></p>