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Weekly hotel revpar rises by 8.4% in London

10 December 2009 by
Weekly hotel revpar rises by 8.4% in London

Hotel revenue per available room (revpar) rose by 8.4% in London but dropped by 5.6% across the regions in the week ending 21 November 2009, according to figures from hospitality research company STR Global.

Revpar at London hotels increased to £117.89, up from £108.70 in the equivalent week of 2008. Occupancy grew by 4.9 percentage points, to 85.1%, while average room rate improved by2.2% to £138.54.

In the same week, regional revpar fell to £47.16 (2008: £49.93) as occupancy dropped by one percentage point (to 68.8%) and average room rate decreased by 4.2% to £68.58

Hotels in Cardiff suffered a steeper decline in year-on-year performance as revpar slumped by 16.9% to £48.97 (2008: £58.93) on the back of an 8.4 percentage point drop in occupancy (to 68.9%) and a6.8% contraction in average room rate to £71.10.

Hotel revpar for the 28 days to 21 November grew by 3.9% in London (to £113.89) but fell by 8.9% in the provinces, to £45.92. In Cardiff, revpar dropped by 1.5% to £50.49 over the same period.

View the London and regional hotel figures for the week to 21 November 2009 >>

View figures for hotels in key cities for the week to 21 November 2009 >>

By Angela Frewin

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