London hotels experienced a 21.4% rise in revenue per available room (revpar) in the week ending September 24, compared to the same week last year, the latest figures from hotel benchmarking service, The Bench, reveal.
Revpar climbed from £105.96 for week 38 in 2005 to £128.65.
Occupancy increased by 7.2% for the same week on a year-on-year basis, up from 83% to 89%. Average room rate climbed by 13.2% to £144.55, up from £127.65 in 2005.
You can view the full London figures from The Bench (pdf file) showing average room rate, occupancy and revpar for the 12 weeks to 24 September here
Scroll down for previous London performance figures.
The Bench – which is partnered with US firm Smith Travel Research – provides online benchmarking data for in excess of 34,000 hotels in more than 400 markets.
The online service allows users to track their performance in average room rate, occupancy and revpar in a variety of formats and to measure their daily performance against their competitors.
London hotel performance in 2006
The week ending 27 August, 2006 >>
The week ending 30 July, 2006 >>
The week ending 25 June, 2006 >>
The week ending 28 May, 2006 >>
The week ending 30 April, 2006 >>
The week ending 26 March, 2006 >>
The week ending 26 February, 2006 >>
The week ending 29 January, 2006 >>
London hotel performance in previous years