Search
The Caterer

Weekly hotel revpar up 4.5% in London

07 April 2009 by
Weekly hotel revpar up 4.5% in London

Hotel revenue per available room (revpar) grew by 4.5% in London and by 2.6% in the provinces in the week ending 21 March, 2009, according to figures from hospitality research company STR Global.

London revpar increased to £90.02, up from £86.17 in the equivalent week of 2008. Occupancy nudged ahead by 0.3 percentage points to 78.6% while average room rate rose by 4% to £114.53.

In the same week, regional revpar lifted to £43.95, compared with £42.83 a year ago. A 1.7 percentage point increase in occupancy to 64.2% offset a 0.2% decline in daily rate to £68.41.

Manchester hotels fared worse, with revpar dropping by 8.9% thanks to a 10.1% fall in average rate.

Hotel revpar for the 28 days to 21 March fell by 10.1% in London and by 11.4% in the regions to £86.61 and £44.05 respectively. For the same period, revpar fell by 11% in Manchester to £51.82.

View the London and regional hotel figures for the week to 14 March 2009 >>

View figures for hotels in key cities for the week to 14 March 2009 >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

Caterersearch.com jobs
Looking for a new job? Find your next hotel job here with Caterersearch.com jobs

Blogs on Caterersearch.com](http://www.caterersearch.com/blogs) Catch up with more news and gossip on all Caterer's blogs
[Newsletters For the latest hospitality news, sign up for our e-mail newsletters.
The Caterer Breakfast Briefing Email

Start the working day with The Caterer’s free breakfast briefing email

Sign Up and manage your preferences below

Thank you

You have successfully signed up for the Caterer Breakfast Briefing Email and will hear from us soon!