Market Report London

London Hotels Report 7.5 Percent RevPAR Growth for February 2017

STR’s preliminary February 2017 data for London, England, indicates occupancy and rate growth. 

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

  • Supply: +2.8%
  • Demand: +5.5%
  • Occupancy: +2.7% to 77.6%
  • Average daily rate (ADR): +4.7% to GBP132.50
  • Revenue per available room (RevPAR): +7.5% to GBP102.85

STR analysts cite London Fashion Week (16-21 February) as a factor in the performance growth.

STR will release actual February 2017 results later this month. The February edition of STR’s Market Forecast is now available.

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