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NewsRevpar grows by nearly 16% at London hotels(19 March 2008 17:17)London hotels boosted revenue per available room (revpar) by 15.68% in the week ending 16 March, according to figures from hotel benchmarking service The Bench. Revpar grew to £121.20, up from £104.77 during the equivalent week of 2007. Occupancy increased by 4.89 percentage points to 84.55% while average room rate grew by 9% to £143.35 compared with £131.52 in the corresponding week of 2007.
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Source: The Bench |
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