Revpar drops by nearly 18% at London hotels

03 April 2008 by
Revpar drops by nearly 18% at London hotels

London hotels saw revenue per available room (revpar) tumble by 17.61% in the week ending 30 March, according to figures from hotel benchmarking service The Bench.

Revpar fell to £86.24, down from £104.67 during the equivalent week of 2007.

Occupancy fell by 9.19 percentage points to 71.56% while average room rate declined by 7.03% to £120.51 compared with £129.62 in the corresponding week of 2007.

View the figures for London hotels for the 12 weeks to 30 March here >>

View the figures for London airport hotels for the year to October 2007 here >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

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