The Caterer

London revpar decline slows to 2.7%

18 February 2009 by
London revpar decline slows to 2.7%

The decline in revenue per available room (revpar) slowed to 2.7% at London hotels in the week ending 31 January 2008, according to figures from hospitality research company STR Global.

Revpar dropped to £89.36, down from £91.80 in the equivalent week of 2008.

Occupancy fell by 1.6 percentage points to 74.5% while average daily rate declined by 0.6% to £119.92, down from £120.69 in the corresponding week of 2008.

In the same week, regional hotels saw revpar decrease by 11.3% (to £41.69) thanks to an 8.1% fall in average room rate and a 2.3 percentage point drop in occupancy.

Revpar at Birmingham hotels declined by 18.2% but, at £40.11, was still higher than the provincial average.

Revpar for the 28 days to 31 January slumped by 15.6% in London and by 15.4% in the provinces. The fall was steeper among Birmingham's hotels, where revpar dropped by 18.2%.

View the London and regional hotel figures for the week to 31 January 2009 >>

View figures for Birmingham hotels for the week to 31 January 2009 >>

By Angela Frewin

E-mail your comments to Angela Frewin here. jobs
Looking for a new job? Find your next hotel job here with jobs

The Caterer Blog]( Catch up with more news and gossip on the Caterer Blog here
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!