Weekly hotel revpar falls by 11.2% in the regions
Hotel revenue per available room (revpar) dropped by 11.2% in the regions but by just 1% in London, according to figures from hospitality research company STR Global.
Revpar at London hotels dropped to £123.26, down from £124.54 in the equivalent week of 2008. Occupancy increased by 1.4 percentage points, to 86.9%, but average room rate decreased by 2.6% to £141.88.
In the same week, regional revpar fell to £46.87 (2008: £52.78) as occupancy dropped by 2.7 percentage points (to 68.4%) and average room rate decreased by 7.8% to £68.51
Hotels in Edinburgh outperformed the regional average. Revpar declined by 4.4%, to £56.40, on the back of a 1.5 percentage point drop in occupancy to 72.9%) and a 2.6% decline in average room rate to £77.32.
Hotel revpar for the 28 days to 14 November grew by 2.1% in London (to £112.40) but fell by 9.4% in the provinces, to £46.06. In Edinburgh, revpar dropped by 4.9% to £58.24 over the same period.
View the London and regional hotel figures for the week to 14 November 2009 >>
View figures for hotels in key cities for the week to 14 November 2009 >>
By Angela Frewin
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