Wednesday, February 4, 2009

Revpar falls by 11.4% at London hotels

If you look in US$ there is a massive drop
The RevPar last year was 88.31 GBP which was about $176.62 USD
The RevPar this year was 78.28 GBP which was about $105.67 USD

I figure that these has been a 40% drop in RevPar in USD. This has to be a huge hit for Marriot and Hilton who have a lot of hotels in London

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