Latest NewsRevpar grows by 0.45% at London hotels(09 October 2008 10:27)London hotels saw revenue per available room (revpar) rise marginally by 0.45% in the week ending 5 October, according to figures from hospitality research company STR Global. Revpar fell to £113.14, up from £112.63 during the equivalent week of 2007. Occupancy decreased by 0.19 percentage points to 80.91% while average room rate edged ahead by 1.59% to £139.84 compared with £137.65 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.
North-western hotel performance in the week ending 5 October >> Article continues below
By Angela Frewin Source: CatererSearch |
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