STR: Preliminary April data for London hotels

STR’s preliminary April 2019 data for London indicates high room rates. Based on daily data from the month, London reported the following in year-over-year comparisons: Supply: +2.3% Demand: +0.7% Occupancy: -1.6% to 81.1% Average daily rate (ADR): +1.4% to GBP143.01 Revenue per available room (RevPAR): -0.1% to GBP115.99 The absolute ADR level is the highest […]

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