Revpar grows by nearly 5% at London hotels

London hotels boosted revenue per available room (revpar) by 4.45% in the week ending 6 July, according to figures from hospitality research company STR Global.

Revpar increased to £140, up from £134.03 during the equivalent week of 2007.

Occupancy declined by 2.59 percentage points to 86.58% but average room rate rose by 7.58% to £161.70 compared with £150.31 in the corresponding week of 2007.

STR Global is a new company formed from the merger of leading hospitality research firms Smith Travel Research (STR), Deloitte’s HotelBenchmark and The Bench.

View the figures for London hotels for the 12 weeks to 6 July here >> 

View the figures for North-eastern hotels for the year to December 2007 here >>

By Angela Frewin

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