Hotels in London Report 7% RevPAR Increase in April 2014

According to STR Global’s preliminary April 2014 data for London, hotels in the capital city enjoyed positive growth in all key performance indicators for the month.

Based on daily data from April, hotels in London reported:

- increases in supply (1.3%) and demand (3.0%);
- a 1.6% increase in occupancy to 83.7%;
- a 5.3% increase in ADR to £136.70; and
- a 7.0% rise in RevPAR to £114.45.

“London continued to post record levels in the three performance measures of any April since 1993, when STR Global began collecting data for the capital,” said Elizabeth Winkle, managing director of STR Global. “ADR remained the driving force behind positive RevPAR performance since September 2013, while occupancy levels in excess of 80% have been achieved for the second month in a row.”