London hotels recorded virtually flat growth in occupancy and room rates during October, according to preliminary data from STR Global.
Occupancy decreased by 0.1% to 88%, while average daily rate (ADR) grew by 0.1% to £152.69. There was no change in revenue per available room, which remained at £134.44.
Meanwhile, the supply of hotel rooms increased by 3.2%, which was virtually matched by a growth in demand at 3%.
Elizabeth Winkle, managing director of STR Global, said: "This performance remains in line with what we saw last month, with occupancy levels close to 90% and ADR above £150.00.
"October is not only a strong business month, but many countries in Europe have mid-term school breaks, attracting a lot of tourists during this month".
STR Global will release its full October results in two weeks.