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Revpar drops by 10% at London hotels

(26 July 2007 12:30)
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London hotels saw revenue per available room (revpar) drop by 10.2% in the week ending 22 July, according to figures from hotel benchmarking service The Bench.

Revpar fell to £121.78, down from £135.65 during the equivalent week of 2006.

Occupancy dropped by 2.6 percentage points to 87.3% while average room rate declined by 7.6 % to £139.49, compared with £150.88 in the corresponding week of 2006.

View the figures for London hotels for the 12 weeks to 15 July here >>

View the figures for London airport hotels for the year to April 2007 here >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

 

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7th October 2008