London hotels lifted by February's Fashion Week
London Fashion Week helped boost the performance of hotels in the capital during February, with revenue per available room (revpar) up 7.5% year-on-year to £102.85, according to preliminary figures published by hotel data company STR.
Occupancy also increased by 2.7%, compared to February 2016, to 77.6%, while average daily rate was up 4.7% to £132.50.
Meanwhile, the 5.5% increase in demand for hotel rooms, outstripped the 2.8% rise in supply.
London hotel occupancy and room rates rise in January >>
London hotels show strong December performance against weak 2015 comparison >>
Improved London hotel figures for November >>
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