Search
The Caterer

Weekly revpar falls by nearly 9% in London

29 July 2009 by
Weekly revpar falls by nearly 9% in London

Hotel revenue per available room (revpar) dropped by 8.3% in London and by 14.2% in the provinces in the week ending 11 July 2009, according to figures from hospitality research company STR Global.

London revpar fell to £120.81, down from £131.80 in the equivalent week of 2008. Occupancy grew by 0.5 percentage points, to 89%, but average room rate shrank by 8.9% to £135.67.

In the same week, regional revpar fell to £49.39 (2008: £57.58) as occupancy slipped by 3.7 percentage points (to 72.8%) and average room rate decreased by 9.9% to £67.87.

Manchester hotels fared better, with revpar declining by 5.6% to £53.10 (2008: £56.26). Occupancy grew by 1.8 percentage points to 75.8% while average room rate dropped by 7.9% to £70.06.

Hotel revpar for the 28 days to 11 July declined by 7.3% in London (to £122.44) and by 13% in the provinces, to £50.48. In Manchester, revpar fell by 11.4% to £53.02.

View the London and regional hotel figures for the week to 11 July 2009 >>

View figures for hotels in key cities for the week to 11 July 2009 >>

By Angela Frewin

E-mail your comments to Caterer News here.

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

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!