Global Travel Media » Blog Archive » STR: Preliminary November data for London hotels

Home » Hotel Trends » Currently Reading:

STR: Preliminary November data for London hotels

December 16, 2019 Hotel Trends No Comments Email Email


STR’s preliminary November 2019 data for hotels in London indicates slightly lower occupancy but higher rates. Based on daily data from the month, London reported the following in year-over-year comparisons:

  • Supply: +2.1%
  • Demand: +1.8%
  • Occupancy: -0.4% to 85.8%
  • Average daily rate (ADR): +1.6% to GBP158.94
  • Revenue per available room (RevPAR): +1.3% to GBP136.43

The absolute ADR and RevPAR levels are the highest for any November in STR’s London database. STR analysts note that the CBI Annual Conference (18 November) helped performance, with RevPAR increasing 20.2% on the day of the event.

STR will release full November results later this month.



Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global travel media endorses the following travel Publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

ADVERTISEMENTS

%d bloggers like this:
%d bloggers like this:
sitemap