Weekly hotel revpar rises by 6.2% in London

Hotel revenue per available room (revpar) rose by 6.2% in London but fell by 2.5% across the regions in the week ending 23 January 2010, according to figures from hospitality research company STR Global.

Revpar at London hotels increased to £88.11, up from £82.95 in the equivalent week of 2009. Occupancy grew by 4.3 percentage points, to 72.1%, while average room declined by 0.2% to £122.17.

In the same week, regional revpar declined to £39.20 (2009: £40.20). Occupancy rose by 1.9 percentage point (to 61.1%) but average room rate decreased by 5.6% to £64.11.

Manchester hotels outperformed the regional average, increasing revpar by 4% to £48.05 (2008: £46.21). They achieved this via a 5.1 percentage point growth in occupancy (to 70%) which offset a 3.5% fall in average room rate, to £68.63.

Hotel revpar for the 28 days to 23 January grew 8.1% in London (to £79.91) but dropped by 4.2% in the provinces, to £32.26. In Manchester, revpar grew by 2.2% (to £40,33) over the same period.


View the London and regional hotel figures for the week to 23 January 2010 >>
 
View figures for hotels in key cities for the week to 23 January 2010 >>


By Angela Frewin

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