News - 3rd Sep 2007

HotStats: July

The extraordinary run of revpar growth enjoyed by London's chain hotels slowed in July.

Revpar increased by just 0.9 per cent to £99.59 compared to the same month in 2006. This was the result of average room rate up 2.1 per cent to £112.57 which was counteracted by a dip in occupancy of 1.1 points to 88.5 per cent.

Year to date, provincial revpar is nearly passing the £50 mark with an improvement of 3.8 per cent taking it to £49.73, while London is about to break the £90 barrier with revpar at £89.89, a 10 per cent rise on 2006.


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