Hospitality sweethearts 14 February 2020 The couples who make working together and living together a love story
In this week's issue...Hospitality sweethearts The couples who make working together and living together a love story
Read More
The Caterer

Revpar in London hotels reaches 11-year high

05 October 2010 by
Revpar in London hotels reaches 11-year high

The recovery from the recession continues in London hotels, with the highest revenue per available room (revpar) in the past 11 years achieved in July 2010, according to STR Global.

Occupancy in July was 93.5%, while average daily rate (ADR) was £144.06 and revpar was £134.64.

As well as a weaker pound and more favourable exchange rates helping to attract tourists from mainland Europe, North America and the Middle East, July also benefited from the biennial Farnborough Air Show, attended by more than 220,000 visitors.

However, STR Global said there were uncertainties on the horizon. With 20-30% of UK hotel business driven by the public sector, there will be an impact on London hotels, with the threat of a double-dip recession remaining.

This will be compounded by an additional 5,000 rooms which are expected to open before the 2012 London Olympics, increasing supply in the market.

Revpar boost brings optimistic start to new decade for London >>

London hotels bounce back but provincials still struggling >>

Planning ahead for recovery >>

By Janet Harmer

E-mail your comments to Janet Harmer here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to jobs

Looking for a new job? Find your next job here with jobs

[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!