Luxury conference venues outperform rivals in July

Five-start conference venues outperformed their four-star and airport rivals in July, according to newly released figures from Visit London's Business Tourism Monitor.

The monitor, which looks at the performance of business tourism in London with data provided by the Conference Bench and Visit London's conventions service, shows a strong month for luxury operators.

Five-star hotels achieved the highest levels of revenue per delegate in the month at £84 (four-star £70, Heathrow hotels £62).

Occupancy levels between tiers for July were inline mid-week, with four- and five-star venues reporting occupancy levels around 50%. But at weekends five-star properties faired better with a drop to 30% compared with a fall to 22% for four-star operators.

Visit London's commercial director David Horny said: "The results underline the tendency for organisers to choose larger meeting rooms for their events, reflecting the trend to hold fewer but larger events."

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By Chris Druce

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