Market Reports

London Hotels Report Record Performance Levels for January 2019

The absolute occupancy, ADR and RevPAR levels are the highest for any January in STR’s London database. STR analysts note that daily data shows performance was fueled by the first two days of the year and strong weekday levels.
House of parliament in London
London Hotels Report Record Performance Levels for January 2019

STR

STR’s preliminary January 2019 data for London indicates record performance levels. 

Based on daily data from the month, London reported the following in year-over-year comparisons:

  • Supply: +2.3%
  • Demand: +4.8%
  • Occupancy: +2.4% to 71.7%
  • Average daily rate (ADR): +3.2% to GBP131.92
  • Revenue per available room (RevPAR): +5.7% to GBP94.60

The absolute occupancy, ADR and RevPAR levels are the highest for any January in STR’s London database. STR analysts note that daily data shows performance was fueled by the first two days of the year and strong weekday levels. 

STR will release full January results later this month.

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.



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