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London hotels boost weekly revpar by nearly 15%

(05 July 2007 12:18)
Queensgate hotel, South Kensington

London hotels saw revenue per available room (revpar) grow by 14.7% in the week ending 1 July, according to figures from hotel benchmarking service The Bench.

Revpar increased to £148.90, up from £129.81 during the equivalent week of 2006.

Although occupancy dropped by 0.2 percentage points to 91.6%, this was counteracted by a 14.9% hike in average room rate to £162.51, compared with £141.39 in the corresponding week of 2006.

View the figures for London hotels for the 12 weeks to 1 July here >>

View the figures for hotels in the West Midlands during March 2007 here >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

 

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Source: The Bench

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5th September 2008