Rugby World Cup drives London revpar and ADR in September

19 October 2015 by
Rugby World Cup drives London revpar and ADR in September

The early stages of the Rugby World Cup helped boost revenue per available room (revpar) and average daily rate (ADR) in London, with both increasing by 6.5% during September, according to preliminary figures published by STR Global.

ADR and revpar jumped to £163.94 and £146.29 respectively, while occupancy levels remained high at 89.2%, with a slight decrease of 0.1%.

Room supply increased by 1.7% year-on-year, while demand rose by 1.6%.

According to analyst STR Global, performance in London hotels was mainly driven by the Rugby World Cup, which began on 18 September and will run through to the end of October.

The hotel data company said year-on-year revpar growth in the market moved into double figures on 16 September and remained in double figures for the duration of the month.

STR Global will release its full September results later this month.


Drop in London occupancy levels during August >>

High occupancy levels in July for London hotels >>

High occupancy levels in June for London hotels >>


Looking for a job? See all the current hotel vacancies available with The Caterer Jobs >>

Latest video from The Caterer

TagsHotels
The Caterer Breakfast Briefing Email

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

Sign Up and manage your preferences below

Check mark icon
Thank you

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

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking