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Weekly hotel revpar rises in regions but falls in London

16 September 2009 by
Weekly hotel revpar rises in regions but falls in London

Hotel revenue per available room (revpar) fell by 12% in London but rose by 0.4% in the provinces in the week ending 29 August 2009, according to figures from hospitality research company STR Global.

London revpar fell to £77.16, down from £87.71 in the equivalent week of 2008. Occupancy declined by 2.3 percentage points, to 74.3%, while average room rate shrank by 9.4% to £103.83.

In the same week, regional revpar edged ahead to £46.85 (2008: £46.68) as occupancy grew by 1.8 percentage points (to 71%) and average room rate decreased by 2.2% to £65.98.

Hotels in Cardiff under-performed the regional average, with revpar dropping by 4.3% to £37.76 (2008: £39.45) on the back of a one percentage point fall in occupancy (to 67.3%) and a 2.9% decline in average room rate to £56.10.

Hotel revpar for the 28 days to 29 August declined by 9.3% in London (to £91.34) and by 8.6% in the provinces, to £45.42. In Cardiff, revpar plunged by 15.5% to £39.63.

View the London and regional hotel figures for the week to 29 August 2009 >>
View figures for hotels in key cities for the week to 29 August 2009 >>

By Angela Frewin

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