Trends & DataLondon weekly hotel performance to 12 October, 2008(15 October 2008 12:47)London hotels saw revenue per available room (revpar) drop by 11.27% in the week ending 12 October, according to figures from hospitality research company STR Global. Revpar fell to £117.02, down from £131.89 during the equivalent week of 2007. Occupancy decreased by 7.9 percentage points to 82.29% while average room rate declined by 2.75% to £142.20 compared with £146.23 in the corresponding week of 2007. Scroll down for previous London performance figures.
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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. The week ending 25 May 2008 >>
The week ending 30 December 2007 >> Source: STR Global Source: The Bench |
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