Revpar falls by 2% at London hotels

29 August 2008 by
Revpar falls by 2% at London hotels

London hotels saw revenue per available room (revpar) drop by 2.24% in the week ending 24 August, according to figures from hospitality research company STR Global.

Revpar fell to £101.48, up from £103.73 during the equivalent week of 2007.

Occupancy decreased by 4.48 percentage points to 81.41% while average room rate increased by 3.22% to £124.66 compared with £120.78 in the corresponding week of 2007.

STR Global is a new company formed from the merger of leading hospitality research firms Smith Travel Research (STR), Deloitte's HotelBenchmark and The Bench.

London hotel performance in the 12 weeks to 24 August 2008 >>

West Midland hotel performance in the year to January 2008 >>

By Angela Frewin

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.


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