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London hotels lifted by February's Fashion Week

14 March 2017 by
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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