London hotels saw revenue per available room (revpar) fall by 3.4% in the week ending 28 September, according to figures from hospitality research company STR Global.
Revpar fell to £115.42, down from £119.49 during the equivalent week of 2007.
Occupancy decreased by 3.17 percentage points to 81.65% while average room rate dropped by 0.35% to £141.36 compared with £140.87 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.
By Angela Frewin
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