TABLE OF CONTENTS
1. EXECUTIVE SUMMARY 1
2. INTRODUCTION 3
2.1 Definitions 4
2.2 Methodology 5
2.3 Abbreviations 5
2.4 Market Positioning 6
2.5 UK Economy 7
2.6 Market Factors 13
3. MARKET SIZE AND TRENDS 16
3.1 Chapter Summary 17
3.2 The Market and Trends 17
3.3 Purchasing Consortia 19
3.4 Tourism Trends 21
3.5 Regional Analysis 28
3.5.1 England 28
3.5.2 Scotland 30
3.5.3 Wales 31
3.5.4 Northern Ireland 33
3.6 Forecast 33
4. HOTEL OCCUPANCY 38
4.1 Chapter Summary 39
4.2 Average Room Rates 39
4.3 Occupancy 2003-2007 41
4.4 Regional Hotel Occupancy Levels 44
4.4.1 England 44
4.4.2 Scotland 47
4.4.3 Wales 48
4.4.4 Northern Ireland 49
4.5 Occupancy Trends 50
5. INDUSTRY STRUCTURE 53
5.1 Chapter Summary 54
5.2 Industry Development 54
5.3 Structure by Employment 58
5.4 Structure by Turnover 59
5.5 Company Profiles 60
5.5.1 Accor UK Business & Leisure Hotels 61
5.5.2 The Real Hotel Company (formerly CHE Hotels Group) 62
5.5.3 De Vere Hotels and Leisure 65
5.5.4 Jarvis Hotels 67
5.5.5 Jurys Doyle Hotel Group 68
5.5.6 Hilton UK Hotels 71
5.5.7 MacDonald Hotels and Resorts 73
5.5.7.1 MREF Hotels Three (previously MacDonald Hotels (UK)) 75
5.5.7.2 MREF Hotels Four (previously Heritage Hotels) 76
5.5.8 Millennium & Copthorne Hotels 78
5.5.9 QMH (previously Queens Moat Houses) 80
5.5.10 InterContinental Hotels 82
5.5.11 Guoman Hotels (previously Thistle Hotels) 85
5.5.12 Whitbread Group 86
5.5.13 Travelodge 89
6. FURTHER SOURCES & CONTACTS 91
6.1 Trade Association 92
6.2 Trade Magazines 92
6.3 Trade Exhibitions 94
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LIST OF TABLES
1: Comparison of Hotel and Total Tourism Expenditure, 2003-2007 7
2: The UK Market for Hotels, 2003-2007 18
3: The UK Hotel Marketing Consortia, 2007 20
4: Analysis of Trips, Accommodation Usage and Expenditure in the UK, by Type of
User, 2007 21
5: Analysis of Trips, Accommodation Usage and Expenditure in the UK by UK Nationals,
2003-2007 22
6: Analysis of Trips, Accommodation Usage and Expenditure in UK by Overseas Based Visitors, 2003-2007 22
7: Analysis of Total Trips (UK and Overseas), Accommodation Usage and Expenditure in
UK, 2003-2007 23
8: Analysis of Trips and Expenditure for Holidays, by Type of User, 2007 24
9: Analysis of Holiday Trips, Accommodation Usage and Expenditure, by UK Nationals,
2003-2007 24
10: Analysis of Holiday Trips, Accommodation Usage and Expenditure, by Overseas
Visitors, 2003-2007 25
11: Analysis of Trips and Expenditure, for Business, by Type of User, 2007 25
12: Analysis of Business Trips, Accommodation Usage and Expenditure, by UK Nationals,
2003-2007 26
13: Analysis of Business Trips, Accommodation Usage and Expenditure, by Overseas
Visitors, 2003-2007 26
14: Analysis of Miscellaneous Visits, Accommodation Usage and Expenditure, by UK
Nationals, 2003-2007 27
15: Analysis of Miscellaneous Visits, by Overseas Visitors, 2003-2007 27
16: Analysis of Overseas Tourism in England, by Region, 2006 28
17: Analysis of Distribution of UK Nationals to UK Destinations in England, by Region,
2007 29
18: Analysis of the Number of Hotels and Hotel Bed Spaces, by Tourist Board in England,
2004 29
19: Analysis of Overseas Tourism in Scotland, by Region, 2006 30
20: Analysis of UK Tourism to Scotland, by Region, 2005 31
21: Analysis of UK Tourism to Scotland, 2006 31
22: Analysis of Overseas Tourism in Wales, by Unitary Authority, 2006 32
23: Analysis of Distribution of UK Nationals to UK Destinations in Wales, by Region, 2005 32
24: Analysis of Distribution of UK Nationals to UK Destinations in Wales, 2006 33
25: Analysis of Tourism in Northern Ireland, 2006 33
26: Forecast UK Market for Hotels, 2008-2012 36
27: Average Room Rates for London and Regional Hotels, 2005-2006 40
28: Yearly Changes in Room Rates for London and Regional Hotels, 2007-2008 41
29: UK Average Annual Room Occupancy Rates, by Country, 2003-2007 42
30: UK Weekday and Weekend Annual Bedroom Occupancy Rates, by Country, 2004-2007 43
31: Analysis of Monthly Room and Bedspace Occupancy in UK Hotels, by Month
2005-2007 44
32: Analysis of Monthly Room and Bedspace Occupancy in UK Hotels, by Month 2008 44
33: Analysis of Monthly Room and Bedspace Occupancy in English Hotels, by Month
2005-2007 45
34: Analysis of Monthly Room and Bedspace Occupancy in English Hotels, by Month
2008 45
35: Analysis of Bedspace Occupancy in English Hotels, by Region, by Month 2005 46
36: Analysis of Room Occupancy in English Hotels, by Region, by Month 2005 46
37: Analysis of Monthly Room and Bedspace Occupancy in Scottish Hotels, by Month
2005-2007 47
38: Analysis of Monthly Room and Bedspace Occupancy in Scottish Hotels, by Month
2008 48
39: Analysis of Room Occupancy in Scottish Hotels, by Region, by Month, 2005 48
40: Analysis of Monthly Room and Bedspace Occupancy in Welsh Hotels, by Month
2005-2007 49
41: Analysis of Monthly Room and Bedspace Occupancy in Welsh Hotels, by Month
2008 49
42: Analysis of Monthly Room and Bedspace Occupancy in Northern Ireland Hotels,
by Month 2005-2007 50
43: Analysis of Monthly Room and Bedspace Occupancy in Northern Ireland Hotels,
by Month 2008 50
44: Analysis of Room and Bedspace Occupancy in the UK, by Type of Establishment
2004-2006 51
45: Development of the UK Hotel Industry, 2003-2007 55
46: Analysis of UK Hotel Accommodation, by Type of Ownership, 2007 55
47: Analysis of UK Hotel Accommodation, by Region, 2007 56
48: Analysis of Top Ten Hotel Groups in the UK, 2007 56
49: Analysis of UK Budget Hotels, 2007 57
50: Segmented analysis of UK Branded Budget Hotels, 2007 58
51: Analysis of the Employment Structure of the Hotel Industry, 2006-2007 59
52: Analysis of the Financial Structure of the Hotel Industry, 2006 and 2007 59
53: Regional Distribution of Hotel & Catering Businesses, by Turnover, 2007 60
54: Financial Analysis of Accor UK Business & Leisure Hotels, 2002-2006 62
55: Key Financial Ratios for Accor UK Business & Leisure Hotels 2002-2006 62
56: Financial Analysis of The Real Hotel Company, 2002-2006 64
57: Turnover Segmentation of The Real Hotel Company, 2002-2006 64
58: Key Financial Ratios for The Real Hotel Company, 2002-2006 65
59: Financial Analysis of De Vere Hotels & Leisure, 2002-2006 66
60: Key Financial Ratios for De Vere Hotels and Leisure, 2002-2006 67
61: Financial Analysis of Jarvis Hotels, 2003-2007 68
62: Key Financial Ratios for Jarvis Hotels, 2003-2007 68
63: Financial Analysis of Jurys Doyle Hotel Group, 2002-2006 70
64: Key Financial Ratios for Jurys Doyle Hotel Group, 2002-2006 71
65: Financial Analysis of Hilton UK Hotels, 2002-2006 72
66: Key Financial Ratios for Hilton UK Hotels, 2002-2006 73
67: Financial Analysis of MacDonald Hotels and Resorts, 2002-2006 74
68: Key Financial Ratios for MacDonald Hotels and Resorts, 2002-2006 75
69: Financial Analysis of MREF Hotels Three, 2003-2007 76
70: Key Financial Ratios for MREF Hotels Three, 2003-2007 76
71: Financial Analysis of MREF Hotels Four, 2003-2007 77
72: Key Financial Ratios for MREF Hotels Four, 2003-2007 78
73: Financial Analysis of Millennium & Copthorne Hotels, 2002-2006 79
74: Key Financial Ratios for Millennium & Copthorne Hotels, 2002-2006 80
75: Financial Analysis of QMH, 2003-2007 81
76: Key Financial Ratios for QMH, 2003-2007 82
77: Financial Analysis of InterContinental Hotels Group, 2003-2007 84
78: Key Financial Ratios for InterContinental Hotels Group, 2003-2007 84
79: Financial Analysis of Guoman Hotels, 2003-2007 85
80: Key Financial Ratios for Guoman Hotels, 2003-2007 86
81: Financial Analysis of Whitbread Group, 2003-2007 88
82: Key Financial Ratios for Whitbread Group, 2003-2007 88
83: Financial Analysis of Travelodge Hotels, 2002-2006 89
84: Key Financial Ratios for Travelodge Hotels, 2002-2006 90
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