London Hotels See 5% Rise in Average Daily Rates, Despite Slight Decrease in Occupancy in March
📈 London hotels' occupancy dropped from 76.3% to 74.8% in March, while the UK overall saw a rise from 73.2% to 73.6%. The average daily rate (ADR) in London rose by 5%, reaching £190.24, while the UK's ADR increased by 3% to £136.78. Revenue per available room (RevPAR) climbed in London from £138.25 to £142.37 and in the UK from £96.75 to £100.65. Data compiled by Hotstats and analyzed by RSM UK.
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