London’s hotel industry reported its highest performance levels of the pandemic-era, according to preliminary October 2021 data from STR.
- Occupancy: 65.4%
- Average daily rate (ADR): GBP145.63
- Revenue per available room (RevPAR): GBP95.22
- Each of the three key performance metrics were the highest for any month since February 2020.
Even with the overall improvement, London’s performance remained well below the pre-pandemic comparables from October 2019: occupancy (87.4%), ADR (GBP160.19) and RevPAR (GBP139.98).
