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Weekly hotel revpar rises by 7.4% in London

03 March 2010 by

Hotel revenue per available room (revpar) rose by 7.4% in London but fell by 1.9% across the regions in the week ending 13 February 2010, according to figures from hospitality research company STR Global.

Revpar at London hotels increased to £93.35, up from £86.92 in the equivalent week of 2009. Occupancy grew by 2.5 percentage points, to 74.9%, while average room climbed by 3.8% to £124.65.

In the same week, regional revpar declined to £43.78 (2009: £44.61). Occupancy rose by 1.1 percentage point (to 65.2%) but average room rate decreased by 3.5% to £67.13.

Cardiff hotels, however, saw revpar plunge by 19.4% to £50.60 (2009: £62.80). This drop stemmed largely from a 15.5% fall in average room rate, to £78.24, compounded by a 3.1 percentage point decline in occupancy to 64.7%.

Hotel revpar for the 28 days to 13 February grew by 8.8% in London (to £92.83) but dropped by 1.4% in the provinces, to £40.74. In Cardiff, revpar fell by 7.5%, to £38.13, 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

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