Revpar drops by 6.1% in London hotels

13 May 2009 by
Revpar drops by 6.1% in London hotels

Hotel revenue per available room (revpar) dropped by 6.1% in London and by 9.7% in the provinces in the week ending 25 April 2009, according to figures from hospitality research company STR Global.

London revpar fell to £101.24, down from £107.77 in the equivalent week of 2008. Occupancy declined by 0.9 percentage points to 84.3% while average room rate slid by 5.1% to £120.06.

In the same week, regional revpar fell to £48.44, down from £53.61 in the corresponding week of 2008. Occupancy shrank by 2.4 percentage points to 70.6% while average room rate contracted by 6.6% to £68.66.

Birmingham hotels fared worse with revpar falling by 13.1% (to £44.73) on the back of a 2.6 percentage point reduction in occupancy and a 9.8% fall in average room rate.

Hotel revpar for the 28 days to 25 April dropped by 11.9% in London (to £87.58) and by 18% in the provinces, to £42.28. For the same period, revpar in Birmingham hotels plunged by 30.8%, to £35.80.

View the London and regional hotel figures for the week to 25 April 2009 >>

View figures for hotels in key cities for the week to 25 April 2009 >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

Caterersearch.com jobs
Looking for a new job? Find your next hotel job here with Caterersearch.com jobs

Blogs on Caterersearch.com](http://www.caterersearch.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[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

Check mark icon
Thank you

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

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking