Weekly hotel revpar rises by 10.6% in London

09 March 2010 by
Weekly hotel revpar rises by 10.6% in London

Hotel revenue per available room (revpar) rose by 10.6% in London but fell by 1% across the regions in the week ending 20 February 2010, according to figures from hospitality research company STR Global.

Revpar at London hotels increased to £101.52, up from £91.79 in the equivalent week of 2009. Occupancy grew by 4.4 percentage points, to 82.4%, while average room climbed by 4.7% to £123.16.

In the same week, regional revpar declined to £41.88 (2009: £42.29). Occupancy rose by 1.4 percentage point (to 66.6%) but average room rate decreased by 3.1% to £62.87.

Manchester hotels, however, saw revpar slip by 7.6% to £46.55 (2009: £50.38) thanks to a 2.6 percentage point fall in occupancy (to 69.8%) and a 4.1% decrease in average room rate to £66.74.

Hotel revpar for the 28 days to 20 February grew by 9.7% in London (to £96.39) but dropped by 1% in the provinces, to £41.44. In Manchester, revpar rose marginally by 1%, to £48.68, over the same period.

View the London and regional hotel figures for the week to 30 January 2010 >>

View figures for hotels in key cities for the week to 30 January 2010 >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

Caterersearch.com jobs
Looking for a new job? Find your next hotel job here with Caterersearch.com jobs

Blogs on Caterersearch.com](http://www.caterersearch.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Check mark icon
Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!

Jacobs Media is honoured to be the recipient of the 2020 Queen's Award for Enterprise.

The highest official awards for UK businesses since being established by royal warrant in 1965. Read more.

close

Ad Blocker detected

We have noticed you are using an adblocker and – although we support freedom of choice – we would like to ask you to enable ads on our site. They are an important revenue source which supports free access of our website's content, especially during the COVID-19 crisis.

trade tracker pixel tracking