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North Sea oil surge stokes Aberdeen hotel prices

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North Sea oil surge stokes Aberdeen hotel prices

Aberdeen’s booming oil and gas sector left the Granite City with the most-expensive hotel rooms outside London during the opening six months of the year, according to a report published yesterday. Average prices in Aberdeen rose by 10 per cent year-on-year to hit £86, the fastest rise in Scotland, with Edinburgh notching up a 3 per cent increase to £74 to take third spot in the UK table.

Costs in Glasgow rose by 2.2 per cent to £57.70, although the city still lags behind the £72.80 it reported in 2007, the year it was named as the host city for the Commonwealth Games.

Jason McBurnie, corporate finance director and consumer and leisure specialist at “big four” accountancy firm PwC, which compiled the report, said: “2014 promises to be an important and exciting year for hoteliers in Scotland, particularly those in Glasgow.

http://www.scotsman.com/business/retail/north-sea-oil-surge-stokes-aberdeen-hotel-prices-1-3085603

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