NewsRevpar grows by 17.7% at London hotels(29 October 2007 15:00)London hotels increased revenue per available room (revpar) by 17.7% in the week ending 21 October, according to figures from hotel benchmarking service The Bench. Revpar increased to £129.26, up from £109.86 during the equivalent week of 2006. Occupancy increased by four percentage points to 86.1% while average room rate grew by 12.2% to £150.14, compared with £133.85 in the corresponding week of 2006. View the figures for London hotels for the 12 weeks to 21 October here >> By Angela Frewin Source: The Bench |
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