Revpar drops by 1% at London hotels
09 August 2007
London hotels saw revenue per available room (revpar) slip by 1% in the week ending 5 August, according to figures from hotel benchmarking service The Bench.
Revpar decreased to £107.32, down from £108.40 during the equivalent week of 2006.
Although occupancy increased by 2.7 percentage points to 83%, average room rate dropped by 4.2 % to £129.37, compared with £134.99 in the corresponding week of 2006.
View the figures for London hotels for the 12 weeks to 5 August here >>
View the figures for North-eastern hotels for the year to April 2007 here >>
By Angela Frewin
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