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June a good month for London hotels

01 August 2007 by
June a good month for London hotels

London's hotels were able to increase both room rates and occupancy levels during June while hotels outside of the capital showed their strongest occupancy increases of the year, research has revealed.

Occupancy levels in London increased by just 0.9 points year on year to 87.2% for June but pushed room rates up by 11.7% to £118.20, according to the latest statistics from TRI Hospitality Consulting.

Revenue per available room (revpar) remained strong with a 12.8% increase to £103.12.

Jonathan Langston, managing director of TRI, said: "The capital is continuing to enjoy a very strong trading environment with hoteliers able to push rates upwards despite modest increases in occupancy."

Meanwhile, the provinces put in a strong performance for June, with Glasgow and Sheffield leading the way, with revpar increases of 27% and 23% respectively.

Occupancy rates for the provinces rose year-on-year by 1.8 points to 75.8%, with room rates by 4% to £73.26. Provincial revpar rose by 6.4% to £55.53.

London hotel market performance slows in May >>

Industry data: TRI HotStats - monthly UK hotel figures >>

By Christopher Walton

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