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Check in: Edinburgh’s hotels on rise

The Balmoral hotel in edinburgh. Picture: Paul Parke

The Balmoral hotel in edinburgh. Picture: Paul Parke

  • by SCOTT REID
 

EDINBURGH’S hoteliers stand to benefit from a triple boost of sporting events, corporate bookings and new flights to the city, helping to offset a sharp drop in revenues since the credit crisis.

A new report from industry consultancy HVS suggests the longer-term picture for hotels in the capital, such as the Balmoral, above, looks bright. It points to the forthcoming Ryder Cup golf tournament and new services from Air Canada and EasyJet as potential fillips. According to the firm, revenue per available room, or RevPAR – a key industry measure – in Edinburgh’s hotels fell by 31 per cent over the past seven years as the recession took its toll.

 

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