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STR: Preliminary December data for London hotels

January 15, 2019 Hotel Trends No Comments Email Email

STR’s preliminary December 2018 data for London, England, indicates higher performance levels. http://www.Germany.travel/en/index.html

Based on daily data from the month, London reported the following in year-over-year comparisons:

  • Supply: +2.3%
  • Demand: +7.3%
  • Occupancy: +5.0% to 81.9%
  • Average daily rate (ADR): +6.2% to GBP156.47
  • Revenue per available room (RevPAR): +11.4% to GBP128.09

STR analysts attribute the performance to the holiday season. Daily data shows that New Year’s Eve was the strongest day of the month with RevPAR at GPB219.39 (+17.8%).

STR will release full December results later this month.

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