London Hotel Occupancy Up 1.6% In April


News: Hotels in London, UK, registered a 1.6% rise in occupancy to 83.7% in April, according to preliminary data from STR Global. The average daily rate (ADR) rose 5.3% to GBP136.70 (USD230.38) in the reported period, while revenue per available room (RevPAR) climbed 7.0% to GBP114.45 (USD192.88). Hotel News Resource reports that according to the managing director of STR Global, Elizabeth Winkle, ADR has been the driving force behind the rise in RevPAR since September 2013.

This article is tagged to:
Sector: Tourism
Geography: United Kingdom