UK Chain Hotels Market Review - October 2011
London hoteliers record a decline in RevPAR for the first time in 2011
Despite continued growth in achieved average room rate, hotels in London suffered a 0.7% decline in Revenue per Available Room (RevPAR) this month as yearon-year room occupancy levels dropped by 2.4 percentage points, according to the latest HotStats survey of approximately 550 full-service hotels across the UK by TRI Hospitality Consulting. In addition to the decline in rooms revenue, hotels in London endured unfamiliar declines across all...
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