from today's Hotels (11/14):
RevPAR Takes Fall In UK
-- Hotels, 11/14/2008 12:21:00 PM
"Results from STR Global show a sharp drop in revenue per available room (RevPAR) for London and Regional UK from October through the beginning of November. The exception was Liverpool, which benefited from its European Capital of Culture 2008 status.
The UK hotel market has been following the global trend of declining occupancies and growing rates for the first nine months of this year. Year-to-September still showed 3% RevPAR growth across the UK driven by 4% growth in room rates compared with the same time prior year." ...
for the complete story
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