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High occupancy levels in June for London hotels

17 July 2015 by
High occupancy levels in June for London hotels

London hotels saw high occupancy levels and an increase in demand for June, according to preliminary figures published by STR Global.

Occupancy increased by 0.6% to 88.1% but the average daily rate (ADR) fell by 1.9% to £158.71 while revpar also decreased by 1.3% to £139.77.

The increase in room supply of 2.6% was outstripped by the 3.3% increase in demand year-on-year.

According to STR Global analysts, London saw an increase in demand in June despite an earlier Ramadan and a later Wimbledon than usual.

The company, which provides hotel data, said London routinely experiences an influx of Middle Eastern travellers during the summer months, but those travellers leave during Ramadan.

Wimbledon also started one week later than usual, which would have shifted the demand for the event into July.

It said the loss of travellers from those areas for the period may have contributed to the drop in ADR.

STR Global will release its full June 2015 results later this month.

Record February performance for London hotels >>

London hotels end 2014 with record-breaking revpar figure >>

STR Global - Weekly and monthly UK hotel figures >>

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