Happy Birthday to US! Year to Year DATA, and a very big Thank YOU!

7 of our London hotels, 7 in Stockholm, and 11 in Dubai had their first Conference Bench Birthday in June.

We would like to take this opportunity to thank all of the hotels that have supported us, given excellent feedback, and most importantly for being essential in getting The Conference Bench up and running.

While June is quiet in both Scandinavia and the Middle East, our 7 London (mostly 5*) properties posted a massive 24.64% increase in revenue over the previous year!  This was driven across the board by occupancy, and from the look of the figures, an increase in the sale of smaller meeting rooms. Occupancy in Square meters was up by 19.83% year to year, and occupancy of meeting rooms up by 25.60% year to year!

Interestingly, even though the revenue was up, the Revenue Per Delegate only rose by 8 pence, showing that although there was more business in the market, hotels have not been able to yield any better than they did last year. It did not get any worse, which is great news in the current climate.

We are very excited about getting to this milestone in our 3 markets - the year to year data should provide a very interesting analysis point in addition to the tools we already have in place.

We are still very keen to get more of this data from hotels - from the look of the way the figures are turning out, it could be very useful indeed. Especially as the coming months - September, October, November and December are the strongest performing months in nearly all of the markets. The data should begin to highlight  whether the conference & events sector is actually coming out of recession, or still suffering.

Keep your eyes peeled for some more Data soon, and drop us a line in the comments or to info@jwbench.com if you have any questions.