London hotels reported occupancy rose 2.2% to 86.1% in June, according to preliminary STR monthly data. While ADR dipped 0.6% to £160.84 ($213.06), RevPAR increased 1.6% to £138.46 ($183.42).
United Kingdom reports first decline in room rates since 2016 - France registers 11th straight month of RevPAR growth - Poland posts significant performance growth
Following a period of lacklustre growth in Q1 2018, hotels in Europe recorded an impressive 18.9% increase in profit per room in April as a result of soaring revenues and falling costs, according to the latest worldwide poll of full-service hotels from HotStats.
In recent years the number of people visiting cities has risen dramatically, whether because of cruise tourism, the sharing economy or low-cost airlines. In some cases these increases have been so massive that residents have formed groups to stem this influx.