Strong average room rate growth in Manchester and London

24 March 2014 by
Strong average room rate growth in Manchester and London

Manchester and London were amongst five European cities which achieved double-digit gains in average daily room rate (ADR) during February, according to the latest statistics from STR Global.

While Copenhagen produced the strongest increase in ADR last month with a year-on-year improvement of 15.7% to £94.08, Manchester and London achieved rises of 13.2% to £66.90 and 10.2% to £128.40 respectively.

Largest decrease in ADR occurred in Moscow, which recorded a 20.4% fall to £106.84.

Overall during Febraury, the UK achieved an occupancy rate of 72.3% (up 4.3%), ADR of £76.70 (up 4.9%) and revenue per available room of £55.42 (up 9.5%).

London's revpar increases six months in a row >>

London leads Europe in scale of hotel development >>

Manchester has strongest hotel pipeline in Europe >>

TagsTrends and Hotels
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