• London hotels maintain profitability

Despite a three percentage point decline in room occupancy, profitability levels remained stable for London hoteliers in February, according to the latest HotStats survey from TRI Hospitality Consulting.

The 0.4% increase in goppar to £54.30 was driven by a 7.4% increase in achieved average room rate to £122.60. "It was always going to be hard for London hoteliers to equal the strong performance of 2010 and the year has begun with consecutive months of volume decline. That said, profitability levels during February have once again remained stable thanks to astute yield management," said Jonathan Langston, MD, TRI Hospitality Consulting.

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