London saw low hotel occupancy rate in April 2018

Published on : Wednesday, May 16, 2018

London The new study revealed that hotel occupancy rate and the room rates in London, England has lowered.



It is STR’s preliminary April 2018 data for London reported the lowering of both low occupancy and room rates.



The month of April was the 11th consecutive month with a year-over-year occupancy decline in London. STR analysts have attributed that negative trend to continued significant supply growth and comparisons with high performance periods that followed Brexit.



ADR comparisons have fallen into negative territory only recently as April was the second month in a row with a decrease after 16 straight positive months in the metric.



The May edition of STR’s Market Forecast will be available at the end of the month.




Tags: , , ,

Leave a Reply

Your email address will not be published. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

arrow2Follow TTW
facebook-logo  twitter-logo  LinkedIn_logo  stumbleupon-logo   rss_logo 
ttw_blogger_logo  ttw_blogger_logo  ttw_blogger_logo


  • 02 WTM London 2018
  • 03 imexamerica 2018
  • 03 ITB Asia 2018
  • 09 ttfotm 2018
  • 12 plannersxtraordinaire 2018
  • 13 aite 2018
  • 13 TTWarsaw 2018
  • 14 hmisummit 2018
  • 14 Hotelier Summit Africa North 2018
  • 14 SATTE 2019
  • 16 EMITT 2019
  • 18 hospitalityqatar 18
  • 20 CITE_TTW 2018
  • 30 PATA


Get our toolbar!
Review on