STR: Preliminary July Data For London Hotels
STR's preliminary July data for London hotels showed record-low occupancy.
LONDON - STR's preliminary July data for London hotels showed record-low occupancy.
Comparison with July 2019:
- Occupancy: -74.8% to 22.8%
- Average daily rate (ADR): -52.4% to GBP83.61
- Revenue per available room (RevPAR): -88.0% to GBP19.02
The absolute occupancy level would be the lowest for any month on record in STR's London database. ADR and RevPAR were up from June levels. Regional markets in the U.K. continue to outperform capital cities. The most recent video on weekly U.K. performance, which covers 27 July through 2 August, can be found here.
All of STR's COVID-19 analysis can be found here.
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