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STR Global – Weekly and monthly UK hotel figures

13 April 2010 by

Hotel revenue per available room (revpar) rose by 13.6% in London and by 4.7% across the regions in the week ending 27 March 2010, according to figures from hospitality research company STR Global.

Revpar at London hotels increased to £110.76, up from £97.54 in the equivalent week of 2009. Occupancy grew by 4.6 percentage points, to 86.4%, while average room climbed by 7.4% to £128.14.

In the same week, regional revpar climbed to £45.39 (2009: £43.37). Occupancy rose by 5.1 percentage points (to 69.9%) but average room rate declined by 3% to £64.91.

Hotel revpar for the 28 days to 27 March grew by 12.9% in London (to £103.11) and by 1.1% in the provinces, to £43.55.

The figures are compiled weekly bySTR Global.
Contact details: Thomas Emanuel, Director of Sales, 0207 922 1949,
temanuel@strglobal.com

The tables below show the weekly and running 28-day figures for London and regional hotels.

PERFORMANCE FIGURES FOR LONDON AND REGIONAL HOTELS

21-27 March 2010

LONDON HOTELSOccupancyAverage Daily RateRevPar
Week to 27/03/10 86.4%£128.14£110.76
Week to 27/03/09 81.8%£119.27£97.54
% change+4.6 points-+7.4%+13.6%
28 days to 27/03/1080.8%£127.56£103.11
28 days to 27/03/0977.2%£118.27£91.32
% change+3.6 points+7.9%+12.9%
REGIONAL HOTELSOccupancyAverage Daily RateRevPar
Week to 27/03/1069.9%£64.91£45.39
Week to 27/03/0964.8%£66.93£43.37
% change+5.1 points-3%+4.7%
28 days to 27/03/1066.1%£65.88£43.55
28 days to 27/03/0963.1%£68.28£43.07
% change+3 points-3.5%+1.1%
28 FEBRUARY - 6 MARCH 2010
LONDON HOTELSOccupancyAverage Daily RateRevPar
Week to 06/03/1078.4%£128.45£100.67
Week to 06/03/0973%£118.03£86.10
% change+5.4 points+8.8%+16.9%
28 days to 06/03/1079.2%£126.31£100.08
28 days to 06/03/0975.9%£119.08£90.39
% change+3.3 points+6.1%+10.7%
REGIONAL HOTELSOccupancyAverage Daily RateRevPar
Week to 06/03/1063.3%£65.21£41.25
Week to 06/03/0961.2%£67.72£41.43
% change+2.1 points-3.7%-0.4%
28 days to 06/03/1065.3%£65.16£42.55
28 days to 06/03/0963.5%£67.32£42.72
% change+1.8 points-3.2%-0.4%
20-27 FEBUARY 2010
LONDON HOTELSOccupancyAverage Daily RateRevPar
Week to 27/02/1081.1%£130.57£105.84
Week to 27/02/0980.3%£120.49£96.75
% change+0.8 points+8.4%+9.4%
28 days to 27/02/1077.5%£125.34£97.17
28 days to 27/02/0974.3%£119.45£88.78
% change+3.2 points+4.9%+9.5%
REGIONAL HOTELSOccupancyAverage Daily RateRevPar
Week to 27/02/1066.2%£65.77£43.54
Week to 27/02/0963.4%£67.26£42.61
% change+2.8 points-2.2%+2.2%
28 days to 27/02/1064.7%£65.18£42.17
28 days to 27/02/0962.4%£67.81£42.31
% change+2.3 points-3.9%-0.3%
14-20 FEBRUARY 2010
LONDON HOTELSOccupancyAverage Daily RateRevPar
Week to 20/02/1082.4%£123.16£101.52
Week to 20/02/0978%£117.64£91.79
% change+4.4 points+4.7%+10.6%
28 days to 20/02/1077.2%£124.78£96.39
28 days to 20/02/0973.2%£120.10£87.86
% change+4 points+3.9%+9.7%
REGIONAL HOTELSOccupancyAverage Daily RateRevPar
Week to 20/02/1066.6%£62.87£41.88
Week to 20/02/0965.2%£64.87£42.29
% change+1.4 points-3.1%-1%
28 days to 20/02/1064%£64.73£41.44
28 days to 20/02/0961.8%£67.73£41.84
% change+2.2 points-4.4%-1%
7-13 FEBRUARY 2010
LONDON HOTELSOccupancyAverage Daily RateRevPar
Week to 13/02/1074.9%£124.65£93.35
Week to 13/02/0972.4%£120.13£86.92
% change+2.5 points+3.8%+7.4%
28 days to 13/02/1074.6%£124.42£92.83
28 days to 13/02/0970.4%£121.23£85.32
% change+4.2 points+2.6%+8.8%
REGIONAL HOTELSOccupancyAverage Daily RateRevPar
Week to 13/02/1065.2%£67.13£43.78
Week to 13/02/0964.1%£69.57£44.61
% change+1.1 points-3.5%-1.9%
28 days to 13/02/1062.6%£65.08£40.74
28 days to 13/02/0960.2%£68.61£41.32
% change+2.4 points-5.1%-1.4%
31 JANUARY-6 FEBRUARY 2010
LONDON HOTELSOccupancyAverage Daily RateRevPar
Week to 06/02/1071%£123.84£87.91
Week to 06/02/0967.3%£119.91£80.69
% change+3.7 points+3.3%+8.9%
28 days to 06/02/1074%£123.17£91.14
28 days to 06/02/0970.4%£120.50£ 84.80
% change+3.6 points+2.2%+7.5%
REGIONAL HOTELSOccupancyAverage Daily RateRevPar
Week to 06/02/1059.9%£65.06£38.94
Week to 06/02/0957.1%£70£39.99
% change+2.8 points-7.1%-2.8%
28 days to 06/02/1059.6%£64.10£38.22
28 days to 06/02/0958.3%£68.03£39.65
% change+1.3 points-5.8%-3.6%
Source: STR Global
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