Belfast Telegraph

Belfast hotels top UK list for bookings growth

By Staff Reporter

Belfast enjoyed the highest increase in hotel occupancy levels in the UK in 2015, according to research into the sector.

Colliers International's UK Hotels Market Index ranks 36 locations in order of hotel development and acquisition activity.

While Belfast was at 31 in the overall list of 36, the city did claim the highest percentage increase in occupancy levels year-on-year, rising from 81% in 2014 to 84% in 2015, ahead of Glasgow, Manchester, Bath and London.

And Belfast was one of the cities with the highest supply of new hotels in the pipeline.

It joined Hull and Cambridge as the locations with the highest percentage of new supply at 21.1%, 22.7% and 29.4% respectively.

Around 20 new hotels are currently planned for Belfast, including one at the Harland and Wolff Drawing Offices at the Titanic Quarter.

And big players such as Hastings Hotels and Beannchor Group are also in the process of planning new venues. Hastings will unveil the Grand Central Hotel at the former Windsor House in Bedford Street in 2018, while Merchant Hotel owners Beannchor will open the Bullitt at the site of Lagan House next year.

A number of hotels have also changed hands in the city, including Ormeau Avenue's Holiday Inn, now owned by Dalata Group and renamed Clayton Hotel.

Jonathan Millar from Colliers said high land prices in London were leading investors to look elsewhere.

Belfast Telegraph