Thursday, 2 February 2012

Positive RevPAR growth for Regional UK, London

London and Regional U.K. reported positive revenue-per-available-room (RevPAR) growth in 2011, according to data from STR Global. Despite its challenges throughout the year, demand grew in the majority of U.K. destinations. For 2012, STR Global forecasts a slight RevPAR increase for London and Regional U.K. “Overall 2011 has been a good year for U.K. hoteliers thanks to positive demand growth”, commented Elizabeth Randall, managing director at STR Global. “However, to reflect the uncertainty in the economy, our latest forecast for 2012 was downgraded, expecting RevPAR growth in London to reach 1.9 percent and 0.6 percent across Regional U.K.”


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