Hotel revenue per available room (revpar) fell by 3.7% in London and by 9% in the provinces in the week ending 1 August 2009, according to figures from hospitality research company STR Global.
London revpar fell to £108.40, down from £112.55 in the equivalent week of 2008. Occupancy grew by 1.1 percentage points, to 86.7%, but average room rate shrank by 4.9% to £125.04.
In the same week, regional revpar fell to £45.72 (2008: £50.24) as occupancy slipped by 1.1 percentage points (to 71.3%) and average room rate decreased by 7.6% to £64.09.
Cardiff hotels saw a lesser, 6.6%, fall in revpar to £37.95 (2008: £40.65) on the back of a 2.7 percentage point drop in occupancy (to 67.3%) and a 2.9% decline in room rate, to £56.35.
Hotel revpar for the 28 days to 1 August declined by 10.2% in London (to £115.26) and by 12.1% in the provinces, to £47.96. In Cardiff, revpar rose by 5.7% to £49.18.
By Angela Frewin
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