SCOTTISH ACCOMMODATION BAROMETER REPORT: MARCH 2018/2017 REPORT - GUEST HOUSE, B&BS

Similar documents
SCOTTISH ACCOMMODATION BAROMETER REPORT: MARCH 2018/2017 REPORT - HOTELS

SCOTTISH ACCOMMODATION BAROMETER REPORT: DECEMBER 2017/2016 REPORT - HOTELS

SCOTTISH ACCOMMODATION BAROMETER REPORT: JANUARY 2018/2017 REPORT - HOTELS

Scottish Accommodation Occupancy Survey. Annual Report 2016

UNITED KINGDOM OCCUPANCY SURVEY. Serviced Accommodation Summary Report April the research solution

UK OCCUPANCY SURVEY FOR SERVICED ACCOMMODATION JANUARY 2011

The Energy Efficiency Standard for Social Housing assessing the cost. Mike Wagner City of Edinburgh Council

UNITED KINGDOM OCCUPANCY SURVEY. Serviced Accommodation Summary Report March the research solution

UNITED KINGDOM OCCUPANCY SURVEY. Serviced Accommodation Annual Report May the research solution

Research report Evictions by social landlords in Scotland

Research Report Evictions by social landlords in Scotland

Serviced Apartment Summit Europe

PRIVATE RENTED HOUSING PANEL HOMEOWNER HOUSING PANEL

UK Occupancy Survey. for serviced accommodation. summary report 2004

House Price Index JANUARY 2014

An initiative between

Angus Council Empty Homes Loan Fund

Trends in Scottish Residential Lettings

Interim presentation. 24 April, Anders Nissen, CEO Liia Nõu, CFO

Serviced Apartment Summit Europe

Ireland Annual Hotel Industry Survey

GP Appraisal External Quality Assurance Assessment Programme

Interim presentation. 13 July, Anders Nissen, CEO Liia Nõu, CFO

SRUC is inviting written responses to this consultation paper by 10 July 2015.

ECONOMIC CURRENTS. Vol. 3, Issue 1. THE SOUTH FLORIDA ECONOMIC QUARTERLY Introduction

News Release FOR IMMEDIATE RELEASE

Country life costs Brits over 44,000

Spotlight on Scotland s Prime Residential Property Market

Private Hall Rent Data

England Occupancy Survey May 2017 SUMMARY OF RESULTS

July home sale activity increases in Greater Vancouver

SCOTTISH RENT RISES ACCELERATE SINCE TENANT FEES BAN Average tenant now pays 312 a year more in rent

SCOTTISH RESIDENTIAL MARKET QUARTERLY

News Release. Property sales strengthen in current market cycle FOR IMMEDIATE RELEASE

INTRODUCTION OF CHARGES FOR STREET NAMING, HOUSE NUMBERING, AND CHANGING A HOUSE NAME

News Release FOR IMMEDIATE RELEASE

UDIA WA PROPERTY MARKET STATISTICS

Local View2015. Scotland


News Release FOR IMMEDIATE RELEASE

Scottish Social Housing Charter Indicators

For Sale: 3 Bed Detached Bungalow. Offers over 149, Arran Drive Auchinleck KA18 2BS

Ore Valley Housing Association

FOR SALE. Sheridan Property Consultants CITY CENTRE TOWNHOUSE OFFICE INVESTMENT OFFERS OVER 575,000 (6.63% NIY)

Metro Vancouver continues to experience above-average demand and below-average supply

Housing Benefit and Council Tax Benefit Circular. All HB and CTB managers and staff. Officers preparing subsidy claims and estimates

Estate Benchmarking Survey

BALGOWNIE FARM STEADING, BY GLAMIS, ANGUS, DD8 1SF

Metro Vancouver housing market off to a quieter start than last year

News Release FOR IMMEDIATE RELEASE

Mountain Travel Market Update and Vail Transient Inventory Report

News Release FOR IMMEDIATE RELEASE

Home sale and listing activity continue to chart a steady path for the region s housing market

Living in Parkersburg WV

Reduced demand is allowing housing supply to accumulate

Fewer home sales and listings in the first quarter of 2018

Metro Vancouver homes sales down across all property types

Demand for homes continues to outpace supply in Metro Vancouver

Home sales down, listings up across Metro Vancouver

Metro Vancouver home sales decline below historical averages in 2018

A historic Scottish castle in a spectacular coastal location.

Queens Rental Market Report February 2018 mns.com

Market Research. OFFICE First Quarter 2010

Let s get a move on! Offers over 450,000

News Release FOR IMMEDIATE RELEASE

Private Rented Sector Report

Low supply continues to limit Metro Vancouver home buyers

FIFE RENEWABLES INNOVATION CENTRE

Discussion paper RSLs and homelessness in Scotland

Steady trends continue in the Greater Vancouver housing market

News Release FOR IMMEDIATE RELEASE:

Rural property values outperforming urban areas since the financial crisis *But affordability concerns grow*

Brooklyn Rental Market Report June 2013 mns.com

Monthly Indicators - 8.1% + 3.6% - 0.6% Activity Overview New Listings Pending Sales. Closed Sales. Days on Market Until Sale. Median Sales Price

Report on the Scottish Housing Charter 2016

HIGH YIELDING INVESTMENT FOR SALE. TOLL CLOCK SHOPPING CENTRE 26 North Road, Lerwick ZE1 0PE Net Initial Yield: 15.81%

October sales were 28.5 per cent below the 10-year October sales average of 2,700.

ASSOCIATION OF RESIDENTIAL LETTING AGENTS PRIVATE RENTED SECTOR REPORT

Greater Vancouver residential property sale and listing activity below 10-year averages in November

30 Lade Braes, St Andrews, Fife,

Steady trends continue in the Greater Vancouver housing market

Private Rented Sector Report

ECONOMIC CURRENTS. Vol. 5 Issue 2 SOUTH FLORIDA ECONOMIC QUARTERLY. Key Findings, 2 nd Quarter, 2015

Home sale and listing activity reach historical norms in 2014

Home sale activity improves but remains below historical averages

SCOTTISH RESIDENTIAL MARKET QUARTERLY

Home buyer demand depends on property type

News Release FOR IMMEDIATE RELEASE:

Victoria Real Estate Market responds as expected to the changing market conditions of 2018

Queens Rental Market Report November 2017 mns.com

October sales were 28.5 per cent below the 10-year October sales average of 2,700.

Metro Vancouver home sales surpass 4,000 for third consecutive month

San Diego County Vol. XX, Issue I Rental Trends Executive Summary March 2007

Hawai i Hotels Statewide Begin 2018 with Strong January. Maui County Led the State with RevPAR of $345 (+15.3%), ADR of $434 (+13.

Spring delivers greater balance to Greater Vancouver housing market

2011 Census Snapshot: Housing

Metro Vancouver home buyers compete for fewer home listings

Rental Index. December 2017 (Q4 17)

News Release FOR IMMEDIATE RELEASE:

9 Learmonth Place, St Andrews, Fife, KY16 8XE

Transcription:

SCOTTISH ACCOMMODATION BAROMETER REPORT: MARCH 2018/2017 REPORT - GUEST HOUSE, B&BS 1.0 INTRODUCTION MARCH 2018/2017 Welcome to the VisitScotland Scottish Accommodation Barometer covering March 2018 and benchmarking against March 2017. The Barometer reviews Accommodation performance throughout Scotland, highlighting trends across various sectors and categories of the industry. This Barometer offers a snapshot of accommodation performance based on participating providers. Comments and feedback should be directed to Marina Martinolli (Tel: 0141 331 8400 or via E-mail: mma4@gcu.ac.uk). 2.0 EXECUTIVE SUMMARY MARCH 2018 Serviced Accommodation properties for the month of March 2018 experienced an increase of 8.44% comparing percentage room occupancy rates with March 2017. March occupancy rates increased from previous months The Hotel sector performed marginally better than the Guest House/B&B sector, although both changes were marginal. Severe weather conditions impacted on all accommodation sectors during the month of March 2018. March 2018 saw a decrease of 0.2% in visits numbers within the visitor attraction sector comparing March 2018 with March 2017. Category Room Occupancy Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change ALL SERVICED ACCOMMODATION 62.86% 54.42% 8.44% 58.81% 49.39% 9.42% Category Bed Occupancy Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change ALL SERVICED ACCOMMODATION 49.13% 38.80% 10.33% 45.91% 35.10% 10.81% The Revenue per available occupied room for March 2018 was 122.76 compared with 93.47 in March 2017. This figure is based solely on accommodation providers who provided financial information for either March 2018 and/or 2017. RevPAR MARCH 2018/2017 Room - Average RevPAR ( ) Mar-18 Mar-17 ALL SERVICED ACCOMMODATION 122.76 93.47 3.0 SERVICED ACCOMMODATION - GUEST HOUSE, B&BS 3.1 Performance by Guest House, B&B Category March 2018/2017 In the Guest House, B&B sector, the room occupancy rate for the period March 2017 was 29.72% when compared to data from the previous year of 30.69% occupancy rate; this shows a decrease of -0.97%. Percentage room occupancy and bed occupancy rates for Guest House, B&Bs in Kingdom of Fife and ALLFV were the highest in March 2018. Operators in Coastal, Other Urban Areas; and properties charging a tariff of 69-69.99 fared best in room occupancy rates in March 2018. The table below shows the Room Occupancy rate recorded for March 2018/2017 as well as the % change calculation for the Guest House, B&B sector Category Room Occupancy Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change Guest House, B&Bs 29.72% 30.69% -0.97% 24.62% 27.55% -2.93% In the Guest House, B&B sector, the bed occupancy rate for the period March 2017 was 23.33% when compared to data from the previous year of 20.61% occupancy rate; this shows an increase of 2.72%.

The table below shows the Bed Occupancy rate recorded for March 2018/2017 as well as the % change calculation for the Guest House, B&B sector Category Bed Occupancy Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change Guest House, B&Bs 23.33% 20.61% 2.72% 17.93% 17.54% 0.39% Room Occupancy by Former VisitScotland Area MARCH 2018/2017 Area Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change Aberdeen & Grampian 24.64% 6.35% 18.29% 18.00% 6.75% 11.25% ALLFV 39.78% 38.44% 1.34% 32.58% 35.81% -3.23% Angus & City of Dundee 2.42% 33.33% -30.91% 18.12% 26.58% -8.46% Ayrshire & Arran 0.00% 14.79% -14.79% 12.50% 12.12% 0.38% Dumfries & Galloway 28.04% 38.73% -10.69% 25.21% 30.52% -5.31% Edinburgh & Lothian 21.20% 38.29% -17.09% 22.96% 34.99% -12.03% Greater Glasgow 0.00% 20.00% -20.00% 6.25% 28.49% -22.24% Highlands of Scotland 29.45% 28.18% 1.27% 24.56% 26.17% -1.61% Kingdom of Fife 65.28% 47.01% 18.27% 59.24% 33.30% 25.94% Orkney 17.95% 10.41% 7.54% 7.87% 7.48% 0.39% Perthshire 30.47% 25.00% 5.47% 18.57% 15.39% 3.18% Scottish Borders 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Shetland Islands 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Outer Hebrides 6.45% 6.45% 0.00% 16.87% 17.68% -0.81% Bed Occupancy by Former VisitScotland Area MARCH 2018/2017 Area Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change Aberdeen & Grampian 24.64% 7.94% 16.70% 17.67% 6.72% 10.95% ALLFV 31.26% 19.54% 11.72% 25.35% 12.59% 12.76% Angus & City of Dundee 2.42% 24.67% -22.25% 13.88% 21.15% -7.27% Ayrshire & Arran 0.00% 8.62% -8.62% 0.00% 7.13% -7.13% Dumfries & Galloway 22.42% 29.87% -7.45% 18.67% 22.55% -3.88% Edinburgh & Lothian 20.65% 26.67% -6.02% 20.45% 26.80% -6.35% Greater Glasgow 0.00% 8.00% -8.00% 5.00% 17.21% -12.21% Highlands of Scotland 21.88% 18.73% 3.15% 15.55% 16.66% -1.11% Kingdom of Fife 50.82% 41.87% 8.95% 44.44% 31.11% 13.33% Orkney 12.82% 6.25% 6.57% 5.32% 4.59% 0.73% Perthshire 20.78% 17.94% 2.84% 11.36% 12.15% -0.79% Scottish Borders 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Shetland Islands 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Outer Hebrides 3.94% 7.74% -3.80% 10.67% 19.50% -8.83% Room Occupancy by Location (Accessibility & Density) MARCH 2018/2017 Location accessibility/density Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change Large Urban Areas 21.20% 36.82% -15.62% 25.00% 33.32% -8.32% Other Urban Areas 42.78% 25.88% 16.90% 38.97% 21.04% 17.93% Accessible Small Towns 33.89% 65.70% -31.81% 31.60% 53.25% -21.65% Remote Small Towns 27.13% 24.68% 2.45% 18.99% 21.59% -2.60% Accessible Rural 28.19% 32.77% -4.58% 26.11% 27.71% -1.60% Remote Rural 21.20% 15.58% 5.62% 16.82% 16.36% 0.46%

Bed Occupancy by Location (Accessibility & Density) MARCH 2018/2017 Location accessibility/density Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change Large Urban Areas 20.65% 25.90% -5.25% 20.71% 25.66% -4.95% Other Urban Areas 31.10% 20.64% 10.46% 27.79% 16.18% 11.61% Accessible Small Towns 27.76% 39.64% -11.88% 19.09% 26.40% -7.31% Remote Small Towns 23.24% 17.53% 5.71% 15.38% 14.63% 0.75% Accessible Rural 17.04% 24.29% -7.25% 13.34% 19.50% -6.16% Remote Rural 17.59% 11.12% 6.47% 14.61% 10.91% 3.70% Room Occupancy by Location (Geographic) MARCH 2018/2017 Location - geographic Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change Coastal 34.87% 34.22% 0.65% 27.79% 31.13% -3.34% Inland 24.76% 29.49% -4.73% 22.53% 21.85% 0.68% Islands 13.08% 10.62% 2.46% 10.82% 13.34% -2.52% Bed Occupancy by Location (Geographic) MARCH 2018/2017 Location - geographic Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change Coastal 28.47% 20.29% 8.18% 22.34% 17.31% 5.03% Inland 19.58% 23.15% -3.57% 15.18% 17.93% -2.75% Islands 8.57% 8.35% 0.22% 7.08% 10.69% -3.61% Room Occupancy by size MARCH 2018/2017 Volume of Size (rooms) Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change 1 to 3 14.35% 30.66% -16.31% 13.79% 30.42% -16.63% 4 to 10 34.17% 31.09% 3.08% 28.76% 25.55% 3.21% 11 to 25 0.00% 17.41% -17.41% 12.50% 13.74% -1.24% 26 to 50 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 51 to 100 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Over 100 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Bed Occupancy by size MARCH 2018/2017 Volume of Size (rooms) Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change 1 to 3 9.94% 16.60% -6.66% 9.08% 14.81% -5.73% 4 to 10 27.85% 23.86% 3.99% 21.27% 19.71% 1.56% 11 to 25 0.00% 9.22% -9.22% 0.00% 7.26% -7.26% 26 to 50 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 51 to 100 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Over 100 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% Room Occupancy by tariff MARCH 2018/2017 Volume of Tariff Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change 20 29.99 9.68% 38.88% -29.20% 7.37% 38.90% -31.53% 30 39.99 21.50% 18.40% 3.10% 18.37% 18.03% 0.34% 40 49.99 26.95% 28.42% -1.47% 20.42% 24.48% -4.06% 50 59.99 43.59% 49.41% -5.82% 41.21% 34.09% 7.12% 60-69.99 49.51% 25.77% 23.74% 38.84% 16.72% 22.12% 70 + 27.23% 38.23% -11.00% 27.39% 40.06% -12.67% Bed Occupancy by tariff MARCH 2018/2017 Volume of Tariff ( ) Mar-18 Mar-17 %Change Jan-Mar18 Jan-Mar17 %Change 20 29.99 4.73% 25.92% -21.19% 4.73% 25.92% -21.19% 30 39.99 14.66% 12.06% 2.60% 14.66% 12.06% 2.60% 40 49.99 15.00% 17.79% -2.79% 15.00% 17.79% -2.79% 50 59.99 18.05% 25.31% -7.26% 18.05% 25.31% -7.26% 60-69.99 30.33% 14.06% 16.27% 30.33% 14.06% 16.27% 70 + 20.12% 22.19% -2.07% 20.12% 22.19% -2.07%

4.0 WEATHER & CURRENCY GRAPHS Weather Temperature Rainfall Hours of Sunshine Source: Met Office (2018) http://www.metoffice.gov.uk/climate/uk/summaries/datasets

Currency GBP EUR GBP USD Source: https://www.ofx.com/en-gb/forex-news/historical-exchange-rates/