STR: Preliminary February data for London hotels
 
STR: Preliminary February data for London hotels
10 MARCH 2017 8:18 AM

According to preliminary February 2017 performance data, hotels in London experienced a 2.7% occupancy increase to 77.6%, while ADR rose 4.7% to £132.50 ($161.13) and RevPAR climbed £102.85 ($125.08).

LONDON—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.

Media Contacts:

Alex Anstett
Media & Communications Coordinator
aanstett@str.com
+44 (0)207 922 1979

Naureen Ahmed
Director of Marketing, Research & Analysis
media@str.com
+44 (0)207 922 1965

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