London hotels report highest post-pandemic occupancy
10 May 2022 by Katherine Price
London's hotel industry reported its highest monthly occupancy level since February 2020, according to preliminary April 2022 data from STR.
While occupancy increased month-over-month to 72%, it was down roughly 11% from the pre-pandemic comparable. The absolute average daily rate (ADR) level was slightly lower than the previous month at £151.42, but up more than 6% from April 2019.
London's daily occupancy stayed above 60% with the exception of Monday 18 April when it dipped to 50.2%. The highest occupancy level was reported on Tuesday 26 April at 83.7%, and overall improvement in weekday levels pointed to a return of corporate demand.
Meanwhile, revenue per available room (revpar) for April was £108.98.
Photo: Shutterstock/faithie
