Latest NewsRevpar grows by nearly 5% at London hotels(10 July 2008 12:00)London hotels boosted revenue per available room (revpar) by 4.45% in the week ending 6 July, according to figures from hospitality research company STR Global. Revpar increased to £140, up from £134.03 during the equivalent week of 2007. Occupancy declined by 2.59 percentage points to 86.58% but average room rate rose by 7.58% to £161.70 compared with £150.31 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.
View the figures for North-eastern hotels for the year to December 2007 here >> Article continues below
By Angela Frewin
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Source: CatererSearch |
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