Weekly hotel revpar grows by 13.7% in London and 2.9% in regions
Hotel revenue per available room (revpar) rose by 13.7% in London and by 2.9% across the regions in the week ending 26 December 2009, according to figures from hospitality research company STR Global.
Revpar at London hotels increased to £53.16, up from £46.76 in the equivalent week of 2008. Occupancy grew by 2.3 percentage points, to 49.4%, while average room rate improved 8.2% to £107.54.
In the same week, regional revpar grew to £22.34 (2008: £21.71). Occupancy rose by 2.7 percentage point (to 37.7%) but average room rate decreased by 4.4% to £59.27.
Hotels in Manchester outperformed the regional average, boosting revpar by 17.6% to £25.09 (2008: £21.33). They achieved this on the back of a 7.8 percentage point rise in occupancy (to 40.5%) which offset a 5% fall in average room rate to £61.88.
Hotel revpar for the 28 days to 26 December grew by 10.4% in London (to £99.90) but fell by 1.9% in the provinces, to £38.08. In Manchester, revpar declined by 0.3%, to £48.70, over the same period.
View the London and regional hotel figures for the week to 26 December 2009 >>
View figures for hotels in key cities for the week to 26 December 2009 >>
By Angela Frewin
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