STR‘s preliminary August 2021 data showed London with its highest hotel performance levels since the start of the pandemic.
- Occupancy: 56.8%
- Average daily rate (ADR): GBP112.58
- Revenue per available room (RevPAR): GBP63.97
The absolute occupancy and RevPAR levels were the highest in the market since February 2020, while the ADR level was the highest since March 2020. At the same time, performance remained well below the pre-pandemic comparables from August 2019: occupancy (86.2%), ADR (GBP150.39) and RevPAR (GBP129.59).
All of STR’s COVID-19 analysis can be found here.
