• Rate drives revpar in UK

Hoteliers across the UK saw a relatively slow month in January in terms of occupancy, but increases in rate allowed for revpar growth, according to PKF Hotel Consultancy Services.
In London, room rate increased 8.3% on the year to £113.09, with occupancy down 3.1% to 70.0%, resulting in a rooms yield increase of 5.0% from £75.36 to £79.12. In the regions, room rate increased 2.2% to £58.87, while occupancy remained flat at 53.8% and rooms yield was up 2.2% to £31.69.

Share →