Steady rise in hotel occupancy and revpar for London during September

10 October 2014 by
Steady rise in hotel occupancy and revpar for London during September

Hotel performance in London continued to show a steady improvement in September with a 2.1% year-on-year increase in revenue per available to £137.87, according to preliminary results for the month from STA Global.

Occupancy also grew 1.2% during the month to 89.4%, with a rise in average daily rate to £154.24. Demand for hotel rooms grew by 4.6%, outstripping the increase in rooms supply of 3.3%.

Elizabeth Winkle, managing director of STR Global, said that September is traditionally a strong business month for the capital.

"September results were spot-on to what we forecasted for the month, and we are confident that London will finish the year with an overall 4.0% revpar growth as we, in conjunction with Tourism Economics, forecasted for 2014," she said.

STR Global will release its full September results in two weeks' time.

TagsTrends and Hotels
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