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London hotels beat regional properties on revpar in Q2 2017

25 July 2017 by
London hotels beat regional properties on revpar in Q2 2017

London hotels outperformed their regional counterparts during the second quarter of the year with revenue per available room (revpar) up 8.4% to £127.33, compared to an increase of 6.4% to £75.05 across the whole country, according to new figures from global data company STR.

The revpar increases were driven by a rise in average daily rate, which was up 5.2% to £94.22 and 6.4% to £152.70 in the UK and London respectively.

Meanwhile, hotel occupancy across the country increased by 1% to 79.6%. A moderate decline in occupancy in London following the 3 June terrorist attack at London Bridge was swiftly boosted by the Eid Mubarak holiday as the capital welcomed a high volume of visitors form the Middle East.

London hotels perform strongly despite terror attack >>

London hotels perform well after June terrorist attacks >>

London hotels break revpar figures for May >>
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