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Weekly hotel revpar grows by 3.5% in London

22 April 2009 by
Weekly hotel revpar grows by 3.5% in London

Hotel revenue per available room (revpar) grew by 3.5% in London but fell by 6.3% in the provinces in the week ending 4 April, 2009, according to figures from hospitality research company STR Global.

London revpar rose to £93.38, up from £90.25 in the equivalent week of 2008. Occupancy edged ahead by 0.9 percentage points to 77.3% while average room rate grew by 2.3% to £120.85.

In the same week, regional revpar dropped to £45.16, down from £48.19 in the equivalent week of 2008. Occupancy fell by 1.7 percentage points to 65.6% while room rate came down by 3.8% to £68.88.

Edinburgh hotels fared better, with revpar rising by 9% to £49.50 on the back of a 6.5 percentage point rise in occupancy that more than compensated for a 1.3 decline in average room rate.

Hotel revpar for the 28 days to 4 April dropped by 0.7% in London and by 3.6% in the regions to £89.52 and £44.79 respectively. For the same period, revpar grew by 8.4% in Edinburgh, to £54.78.

View the London and regional hotel figures for the week to 4 April 2009 >>

View figures for hotels in key cities for the week to 4 April 2009 >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

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