London hotels boosted revenue per available room (revpar) by 9.14% in the week ending 17 August, according to figures from hospitality research company STR Global.
Revpar increased to £109.37, up from £100.21 during the equivalent week of 2007.
Occupancy grew by 0.17 percentage points to 85.10% while average room rate increased by 8.92% to £128.52 compared with £118 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.
London hotel performance in the 12 weeks to 17 August 2008 >>
North-eastern hotel performance in the year to January 2008 >>
By Angela Frewin
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