Revpar grows by nearly 20% at London hotels
London hotels boosted revenue per available room (revpar) by 19.28% in the week ending 13 July, according to figures from hospitality research company STR Global.
Revpar increased to £140.67, up from £117.93 during the equivalent week of 2007.
Occupancy grew by 2.91 percentage points to 89.30% and average room rate rose by 15.40% to £157.53 compared with £136.51 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.
View the figures for London hotels for the 12 weeks to 13 July here >>
View the figures for West Midland hotels for the year to December 2007 here >>
By Angela Frewin
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