Wed Sep 04 15:31:00 UTC 2024: – A new report highlights the importance of major cultural events to the Scottish hotel industry
– Scotland’s hotels saw a surge in occupancy and profitability in July, exceeding UK levels
– Average daily room rates stayed flat, but revenue per available room increased
– Gross operating profit at Scottish hotels rose above pre-pandemic levels
– The Edinburgh Fringe Festival and upcoming Oasis reunion tour are expected to boost demand
– Concerns about the impact of City of Edinburgh Council’s tourist tax on hotel industry
– Economist predicts consumer spending is picking up in Scotland
– Herald Scotland is now allowing only subscribers to comment on articles to improve the user experience and reduce abuse in the comments section

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