Loading
Caterer & Hotelkeeper Magazine

Tags:

London Hotel Midweek Rates Rising Faster Than Weekend

Thursday 13 July 2006 00:00

Midweek room rates in London's hotels are increasing faster than at the weekend, according to June figures from the hotel bench marking service The Bench.

This is especially true of the five-star sector,which has seen the gulf between room rates in midweek and at weekends widen the most.

Five-star figures show that midweek rates have shot up by £27 to £260.07 from last June, compared with weekend rates up just £19 to £233.78 in the same period 

Year on year, midweek rates grew by 11.67% compared with growth of 9.25% at the weekend.

"Midweek demand is unbeleivably strong". said James Chappell, managing director of The Bench. "The figures reflect how hotels are able to move their rom rates with the midweek corporate market more than with the weekend leisure market".

A similar trend is evident in the four and three star markets but to a lesser extent,l particularly in the three star sector, where weekend rates for the sedctor grew by a mere 0.88% year on year

Recommended articles

Articles from the web

 
blog comments powered by Disqus
Profiting from 2012: Case Studies

Slash VAT, Boost business - Sign the petition now!

Latest Video

housekeeping

Video: highlighting housekeepers

In this week’s issue, guest edited by Raymond Blanc, we explore the important roles of housekeepers.

Watch here

The Caterer and Hotelkeeper discussion forum

  • Dingley Dell Flying Visits @ The Victoria Dingley Dell Flying Visits @ The Victoria
  • Dingley Dell Flying Visits @ The Victoria Dingley Dell Flying Visits @ The Victoria
  • Dingley Dell Flying Visits @ The Victoria: Mark Hayward Dingley Dell Flying Visits @ The Victoria: Mark Hayward
  • Dingley Dell Flying Visits @ The Victoria Dingley Dell Flying Visits @ The Victoria
  • Dingley Dell Flying Visits @ The Victoria Dingley Dell Flying Visits @ The Victoria
  • Dingley Dell Flying Visits @ The Victoria Dingley Dell Flying Visits @ The Victoria

Best of chef

Best of Chef – now available online

Best of Chef – now available online
View it now

Videos

Marcello Tully, Kinloch Lodge Video: Michelin-starred chefs turn out in force for Wellocks' chef conference Video: Highlights from Hotelympia 2012 Video: Foraging – why all the attention?
Marcello Tully
Masterclass
Watch the video here
Wellocks'
chef conference
Watch the video here
Highlights from
Hotelympia 2012
Watch the video here
Foraging:
why all the attention?
Watch the video here