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NEWS
Commonwealth Games inspires record hotel occupancy rates in Glasgow, new figures show
POSTED 18 Aug 2014 . BY Chris Dodd
The Scottish city hosted the event in July to great acclaim from the international community Credit: Shutterstock.com/Chris G. Walker
Hotel occupancy in Glasgow soared during the Commonwealth Games, with July posting the highest figures on record, new figures from LJ Research show.

Presented by the tourism sector specialists, the figures revealed that occupancy rates during the nine days of the Games stood at 97.3 per cent, representing an 11.2 per cent increase in absolute terms when compared with the same period last July.

The impact of the Games seemed to have a lasting effect on the whole of July, with the month posting occupancy rates of 88.5 per cent. This figure is now the highest the city has held on record; presenting a 6.5 per cent a year-on-year rise.

The figures also highlight a strong decade of growth for the Glasgow hotels sector, with the latest findings jumping from the 77 per cent recorded in 2004.

As well as the Games, the city also hosted a number of key events that were considered as probable drivers for growth, including the Sainsbury’s Glasgow Grand Prix athletics and the Merchant City Festival.

“The scale of growth recorded by Glasgow hotels in July was unprecedented as room revenue performance was an average of 65 per cent above last year, based on our LJ Forecaster figures,” said Sean Morgan, MD at LJ Research.

“There is an opportunity for Glasgow hotels to capitalise on the success of the Commonwealth Games and a heightened appeal to visit Scotland’s largest city.”

The occupancy rates also provided prime opportunity for revenue for hotel offerings, with guests evidently not put off by prices that spiked 158 per cent during the sporting event.

The Commonwealth Games have highlighted the potential impact large events bring to the leisure sectors of differing cities, however London experienced a different scenario when it hosted the 2012 Olympic Games in respect of hospitality.

During the event, the city’s hotels only experienced an increase in room rates of around 17 per cent because of the region's huge hotel capacity.
RELATED STORIES
  Glasgow 2014 contracts worth £510m to local economy


Contracts associated with staging last year’s Commonwealth Games have provided the Scottish economy with a £510m boost.
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NEWS
Commonwealth Games inspires record hotel occupancy rates in Glasgow, new figures show
POSTED 18 Aug 2014 . BY Chris Dodd
The Scottish city hosted the event in July to great acclaim from the international community Credit: Shutterstock.com/Chris G. Walker
Hotel occupancy in Glasgow soared during the Commonwealth Games, with July posting the highest figures on record, new figures from LJ Research show.

Presented by the tourism sector specialists, the figures revealed that occupancy rates during the nine days of the Games stood at 97.3 per cent, representing an 11.2 per cent increase in absolute terms when compared with the same period last July.

The impact of the Games seemed to have a lasting effect on the whole of July, with the month posting occupancy rates of 88.5 per cent. This figure is now the highest the city has held on record; presenting a 6.5 per cent a year-on-year rise.

The figures also highlight a strong decade of growth for the Glasgow hotels sector, with the latest findings jumping from the 77 per cent recorded in 2004.

As well as the Games, the city also hosted a number of key events that were considered as probable drivers for growth, including the Sainsbury’s Glasgow Grand Prix athletics and the Merchant City Festival.

“The scale of growth recorded by Glasgow hotels in July was unprecedented as room revenue performance was an average of 65 per cent above last year, based on our LJ Forecaster figures,” said Sean Morgan, MD at LJ Research.

“There is an opportunity for Glasgow hotels to capitalise on the success of the Commonwealth Games and a heightened appeal to visit Scotland’s largest city.”

The occupancy rates also provided prime opportunity for revenue for hotel offerings, with guests evidently not put off by prices that spiked 158 per cent during the sporting event.

The Commonwealth Games have highlighted the potential impact large events bring to the leisure sectors of differing cities, however London experienced a different scenario when it hosted the 2012 Olympic Games in respect of hospitality.

During the event, the city’s hotels only experienced an increase in room rates of around 17 per cent because of the region's huge hotel capacity.
RELATED STORIES
Glasgow 2014 contracts worth £510m to local economy


Contracts associated with staging last year’s Commonwealth Games have provided the Scottish economy with a £510m boost.
MORE NEWS
Disneyland Paris renames theme park as part of $2 billion transformation
Disneyland Paris has unveiled a new name for Walt Disney Studios Park as part of the park’s US$2 billion transformation.
UK's Royal attractions had a bumper year in 2023
Numbers from the Association of Leading Visitor Attractions, (ALVA) show that Royal attractions saw a huge increase in visitor numbers during 2023 – the coronation year of King Charles III.
Efteling to convert steam trains to electric as part of green drive
The Everyday Heritage initiative celebrates and preserves working class histories
Off the back of the success of the first round of Everyday Heritage Grants in 2022, Historic England is funding 56 creative projects that honour the heritage of working-class England.
Universal announces long-awaited details of its Epic Universe, set to open in 2025
Universal has revealed it will be adding new Harry Potter attractions, alongside Super Nintendo and How to Train Your Dragon worlds to its Florida resort.
Heartbreak for Swedish theme park, Liseberg, as fire breaks out
A fire has destroyed part of the new water world, Oceana, at Liseberg in Sweden, and a construction worker has been reported missing.
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COMPANY PROFILES
Holovis

Holovis is a privately owned company established in 2004 by CEO Stuart Hetherington. [more...]
IAAPA EMEA

IAAPA Expo Europe was established in 2006 and has grown to the largest international conference and [more...]
ProSlide Technology, Inc.

A former national ski team racer, ProSlide® CEO Rick Hunter’s goal has been to integrate the smoot [more...]
Vekoma Rides Manufacturing B.V.

Vekoma Rides has a large variety of coasters and attractions. [more...]
+ More profiles  
FEATURED SUPPLIER

CSI Design Expo Americas 2024 announces new Attractions & Entertainment Technology Zone
Cruise Ship Interiors (CSI) invites cruise lines, shipyards, design studios, outfitters, and suppliers to take part in CSI Design Expo Americas in Miami, Florida, the region’s only event dedicated to cruise ship interior design. [more...]
CATALOGUE GALLERY
+ More catalogues  
DIRECTORY
+ More directory  
DIARY

 

10-12 May 2024

Asia Pool & Spa Expo

China Import & Export Fair Complex, Guangzhou, China
18-22 May 2024

Eco Resort Network

The Ravenala Attitude Hotel, Mauritius
+ More diary  
 


ADVERTISE . CONTACT US

Leisure Media
Tel: +44 (0)1462 431385

©Cybertrek 2024

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