Search
The Caterer

Weekly revpar falls by more than 10% in the regions

26 August 2009 by
Weekly revpar falls by more than 10% in the regions

Hotel revenue per available room (revpar) fell by 6.7% in London and by 10.4% in the provinces in the week ending 8 August 2009, according to figures from hospitality research company STR Global.

London revpar fell to £102.83, down from £110.25 in the equivalent week of 2008. Occupancy fell by 0.5 percentage points, to 86.4%, while average room rate shrank by 6.2% to £119.01.

In the same week, regional revpar fell to £44.41 (2008: £49.55) as occupancy slipped by 1.6 percentage points (to 69.9%) and average room rate decreased by 8.3% to £63.55. Manchester hotels fared worse, with revpar falling by 10.5% to £37.44. Although occupancy in Manchester grew by 1.7 percentage points to 62.9%, average room rates slumped by 13% to £59.49.

Hotel revpar for the 28 days to 8 August declined by 9.8% in London (to £110.85) and by 11% in the provinces, to £46.86. In Manchester, revpar fell more sharply, by 19.1% to £41.48.

View the London and regional hotel figures for the week to 25 July 2009 >>

View figures for hotels in key cities for the week to 25 July 2009 >>

By Angela Frewin

E-mail your comments to Angela Frewin here.

If you have something to say on this story or anything else join the debate at Table Talk - Caterer's new networking forum. Go to www.caterersearch.com/tabletalk

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!