Hotels in London Report 8.3% RevPAR Increase

According to STR Global’s preliminary December 2014 data, hotels in London enjoyed a positive performance during the month.

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

- increases in supply (+3.0%) and demand (+5.9%);
- a 2.8% increase in occupancy to 78.4%;
- a 5.3% increase in ADR to £141.56; and
- an 8.3% increase in RevPAR to £111.03.

“London closed the year with another record month, achieving the highest RevPAR levels of any December for the last two decades,” said Elizabeth Winkle, managing director of STR Global. “The British capital is looking back at five consecutive years of RevPAR growth and is expected to continue this trend in 2015.”