London revpar drops by 17%
London hotels saw revenue per available room (revpar) slump by 17.1% in the week ending 8 April, according to figures from hotel benchmarking service The Bench.
Revpar fell to £80.06, down from £96.56 during the equivalent week of 2006.
Occupancy declined by eight percentage points to 71.4% while average room rate dropped by 7.9% to £112.05, down from £121.61 in the corresponding week of 2006.
View the figures for London hotels in the week to 8 April here >>
View the figures for West Midlands hotels during January 2007 here >>
By Angela Frewin
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