CATERER EATS OUT
Latest NewsRevpar grows by nearly 33% at London hotels(23 July 2008 16:30)London hotels boosted revenue per available room (revpar) by 32.65% in the week ending 20 July, according to figures from hospitality research company STR Global. Revpar increased to £150.37, up from £113.36 during the equivalent week of 2007. Occupancy was virtually static, growing by just 0.08 percentage points to 87.23% but average room rate soared by 32.53% to £172.40 compared with £130.08 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 London hotels for the 12 weeks to 20 July here >> View the figures for Scottish hotels for the year to January 2008 here >> Article continues below
By Angela Frewin
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Source: Caterer & Hotelkeeper |
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