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Revpar drops by 17.2% in the provinces

24 June 2009 by
Revpar drops by 17.2% in the provinces

Hotel revenue per available room (revpar) dropped by 11.4% in London and by 17.2% in the provinces in the week ending 6 June 2009, according to figures from hospitality research company STR Global.

London revpar declined to £97.59, down from £110.12 in the equivalent week of 2008. Occupancy declined by 3.4 percentage points, to 78%, while average room rate shrank by 7.6% to £125.08.

In the same week, regional revpar fell to £45.69 (2008: £55.18) as occupancy slipped by 6.4 percentage points (to 66.4%) and average room rate decreased by 9.2% to £68.82.

Cardiff's hotels suffered a smaller decline in revpar, which fell by 9% to £43.09 on the back of a 3.7 percentage point drop in occupancy and a 4.1% decline in average room rate.

Hotel revpar for the 28 days to 30 May declined by 8.8% in London (to £99.49) and by 14.2% in the provinces, to £47.15.

View the London and regional hotel figures for the week to 6 June 2009 >>

View figures for hotels in key cities for the week to 6 June 2009 >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

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