London hotels saw a decrease in demand, occupancy, average daily rate and revenue per available room in June, according to preliminary data from analytics specialist STR.
In comparison with a strong June 2015, London hotels saw a decrease in demand by 1.8% and a 4.2% decrease in occupancy to 84.4% in June 2016.
The daily data also showed a 2.5% increase in supply, a 1.9% decrease in average daily rate to £155.40 and a 6% decrease in revenue per available room to £131.17.
London's absolute occupancy exceeded 90% on nine days in June 2016, compared with 15 days of occupancy above 90% in June 2015. However, despite this, June's occupancy level was still the lowest for a June in London since 2012.
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