The significant increase in hotel openings in London resulted in a fall in hotel occupancy and room rates in the capital during April, according to preliminary new figures from data company STR.
Hotels in Edinburgh and Belfast produced the strongest revenue per available room (revpar) growth during the third quarter of the year, according to the Q3 2017 Hotel Bulletin from AlixPartners.
The first six months of 2017 produced the UK hotel industry’s highest occupancy, average daily rate (ADR) and revenue per available room (RevPAR) for any first half on record, according to STR.
A strong performance in London helped achieve a 5.5% increase in revenue per available room (revpar) across the UK serviced apartment sector during the first half of 2017, according to data company STR and the ... Read more
The performance of London’s hotels has held up strongly following the terrorist attacks on London Bridge and Borough Market during which eight people died and 48 were injured, according to new figures from data ... Read more