Hotel revenue per available room (revpar) rose by 2.5% in London but dropped by 12.3% in the provinces in the week ending 26 September 2009, according to figures from hospitality research company STR Global.
London hotels lifted revpar to £116.98, up from £114.08 in the equivalent week of 2008. Occupancy grew by 5.4 percentage points, to 88.9%, more than offsetting a 3.7% fall in average room rate shrank to £131.66.
In the same week, regional revpar fell to £51.83 (2008: £59.08) as occupancy dropped by 2.4 percentage points (to 74.9%) and average room rate decreased by 9.4% to £69.18.
Cardiff hotels achieved a smaller decrease in revpar, which fell by 5.7% to £49.12 (2008: 52/11) on the back of a 0.9 percentage point drop in occupancy (to 80%) and a 6.8% decline in average room rate to £61.42.
Hotel revpar for the 28 days to 26 September declined by 3.9% in London (to £104.94) and by 13.1% in the provinces, to £49.70. In Cardiff, revpar dropped by 5.7%, to £46.74.
By Angela Frewin
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