Hotels in the South West saw revenue per available room (revpar) decline by 2.1% during the month of January.
Revpar was £44.07 in January 2008, compared with £45 in the corresponding month of 2007, according to figures from hospitality research company STR Global.
Occupancy dropped by 2.1 percentage points to 56.6%, while average room rate grew by 1.6% to £77.90, compared with £76.65 in January 2008.
View the regional statistics file (in PDF format) for South-western hotels for the year to January 2008 >>
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STR Global was created by the merger of hospitality research companies Smith Travel Research (STR), Deloitte’s HotelBenchmark and The Bench.
It offers hotel research to clients that include hotel operators, developers, financiers and analysts, providing regular and custom reports covering more than 35,000 hotels in 1,300 global markets.
As well as global hotel performance data, STR Global tracks a variety of Profitability, Pipeline and Census data covering all aspects of the industry.
Archive of Bench Regional Monthly Performance Figures
Source: STR Global