Revpar grows by 0.45% at London hotels
09 October 2008 by Angela Frewin
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.
London hotel performance in the week ending 5 October >>
North-western hotel performance in the week ending 5 October >>
By Angela Frewin
