Search
The Caterer

April was record-breaking month for revpar in London hotels

10 May 2017 by
April was record-breaking month for revpar in London hotels

London's hotels enjoyed a record-breaking revenue per available room (revpar) figure for April of £119.40, up 10.3% year-on-year, according to preliminary data published by STR.

Occupancy and average daily rate (ADR) also increased, up by 3.7% to 83% and 6.4% to £143.92 respectively.

STR analysts highlighted two events in the capital - In-Cosmetics Global (4-6 April) and the Natural Stone Show & Conference (25-27 April) - which resulted in multiple days of 95% occupancy and ADR above £160.

The 6.6% increase in demand for hotels during the month was comfortably ahead of the 2.8% increase in supply.

STR's prediction that the timing of Easter in late April would have a detrimental impact on the capital's hotel performance failed to materialise.

The latest STR figures follows the announcement last week that London posted its highest revpar figure for any first quarter on record, up 11.5% on Q1 2016 to £101.50.

Record-breaking Q1 for London hotels >>

Late Easter drives up March revpar in London >>

Hotels hold strong following Westminster attack >>

Videos from The Caterer archives

Are you looking for a new role? See all the current hospitality vacancies available with The Caterer Jobs

The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media Group is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.