Performance

Rates up for London

Preliminary September 2020 data for London hotels showed lower occupancy but higher room rates when compared with August, according to STR.

The company said that, like previous months, the occupancy and revpar levels were the lowest for any September on record in London.

STR reported year-on-year declines of 81.3% in revpar, to £27.64, with occupancy down 65.8% to 29.7% and ADR down 45.3% to £93.15.