Weekly hotel revpar up 10.5% in London and down 10.4% in regions

26 January 2010 by
Weekly hotel revpar up 10.5% in London and down 10.4% in regions

Hotel revenue per available room (revpar) rose by 10.5% in London but fell by 10.4% across the regions in the week ending 9 January 2010, according to figures from hospitality research company STR Global.

Revpar at London hotels increased to £59.50, up from £53.84 in the equivalent week of 2009. Occupancy grew by 5.3 percentage points, to 57.2%, while average room rate edged ahead by 0.2% to £104.02.

In the same week, regional revpar declined to £25.15 (2009: £28.08). Occupancy dropped by 2.6 percentage point (to 41.4%) and average room rate decreased by 4.9% to £60.57.

Edinburgh hotels outperformed the regional average with a 2.5% rise in revpar to £29.32 (2009: £28.60). They achieved this on the back of a 2.6 percentage point rise in occupancy (to 46.5%) which offset a 3.3% drop in average room rate to £63.01.

Hotel revpar for the 28 days to 9 January grew by 11.8% in London (to £72.76) and 0.7% in the provinces, to £29.36. In Edinburgh, revpar rose by 3.7%, to £43.06, over the same period.

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

View figures for hotels in key cities for the week to 26 December 2009 >> By Angela Frewin

E-mail your comments to Angela Frewin here.

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