London revpar grows by 12.3%
19 April 2007 by Angela Frewin
London hotels saw revenue per available room (revpar) grow by 12.3% in the week ending 15 April, according to figures from hotel benchmarking service The Bench.
Revpar rose to £79.55, up from £70.83 during the equivalent week of 2006.
Although occupancy declined by 6.1 percentage points to 68.4%, this was offset by a 22.3% boost to average room rate to £116.31, up from £95.10 in the corresponding week of 2006.
By Angela Frewin
E-mail your comments to Angela Frewin](mailto:angela.frewin@rbi.co.uk?subject=London revpar) here.
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