London hotels boosted revenue per available room (revpar) by 32.65% in the week ending 20 July, according to figures from hospitality research company STR Global.
Revpar increased to £150.37, up from £113.36 during the equivalent week of 2007.
Occupancy was virtually static, growing by just 0.08 percentage points to 87.23% but average room rate soared by 32.53% to £172.40 compared with £130.08 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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