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Paris terrorist attacks lead to 3.5% drop in November occupancy for London hotels

14 December 2015 by

Occupancy figures in London hotels dropped following the 13 November terrorist attacks in Paris, according to preliminary data from STR Global.

Year-on-year, occupancy in the capital decreased for 14 of the 17 days following the atrocities. Overall for the month of November, occupancy fell by 3.5% to 81.6%.

Average daily rate increased by 2.2% to £149.98, while revenue per available room (revpar) decreased by 1.4% to £122.38.

It is believed that the revpar figure was adversely impacted by the 1.7% increase in room supply at the same time as demand decreased by 1.9%.


Rugby World Cup drives London revpar and ADR in September >>

STR Global confirms growing Airbnb in London >>

Drop in London occupancy levels during August >>


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