London hotels saw revenue per available room (revpar) fall by 1.98% in the week ending 17 February, according to figures from hotel benchmarking service The Bench.
Revpar dropped to £99.63, down from £101.64 during the equivalent week of 2007.
Occupancy declined by 2.88 percentage points to 74.87% while average room rate grew by 1.79% to £133.06 compared with £130.72 in the corresponding week of 2007.
By Angela Frewin
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