According to STR Global, hotels in London
reported increases in ADR and RevPAR during the 2012 Olympic
Games, which officially started on 27 July 2012 and ended 12
August 2012.
Hoteliers across London reported average
occupancy of 88.5% and ADR of 212.22. This represents an increase
of 4.8% and 86.1%, respectively, compared to the same days the
year prior.
"The London 2012 Olympic Games have provided
great sporting moments and a very enjoyable atmosphere for
athletes and spectators alike," said Elizabeth Randall Winkle,
managing director of STR Global. "The smooth running of the event
and its positive coverage to a global TV audience will encourage
more visitors to come to London in the future. London's hoteliers
are looking forward to welcoming them as well as preparing to host
guests for the Paralympics, held 29 August through 9 September."
STR Global currently tracks daily
performance from more than 390 hotels in London and 2,400 hotels
across the United Kingdom overall.
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