Weekly hotel revpar grows by 6.2% in London
Hotel revenue per available room (revpar) grew by 6.2% in London but fell by 10.9% in the regions in the week ending 7 November 2009, according to figures from hospitality research company STR Global.
Revpar at London hotels grew to £106.44, up from £100.26 in the equivalent week of 2008. Occupancy increased by 4.2 percentage points, to 80.4%, while average room rate edged ahead by 0.6% to £132.33.
In the same week, regional revpar fell to £44.53 (2008: £49.98) as occupancy dropped by 2.6 percentage points (to 65.2%) and average room rate decreased by 7.4% to £68.25.
Hotels in Birmingham experienced lesser falls than the regional average. Revpar dropped by 8.6% to £42.96 (2008: £47.02) on the back of a 2.3 percentage point fall in occupancy (to 67%) and a 5.4% contraction of room rate, to £64.15.
Hotel revpar for the 28 days to 7 November grew by 2.4% in London (to £11.81) but fell by 9.1% in the provinces, to £46.29. In Birmingham, revpar dropped by 12.9% to £40.84 over the same period.
View the London and regional hotel figures for the week to 7 November 2009 >>
View figures for hotels in key cities for the week to 7 November 2009 >>
By Angela Frewin
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