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Weekly hotel revpar rises in London but falls elsewhere

14 October 2009 by
Weekly hotel revpar rises in London but falls elsewhere

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.

View the London and regional hotel figures for the week to 26 September 2009 >>

View figures for hotels in key cities for the week to 26 September 2009 >>

By Angela Frewin

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