Thursday, September 16, 2010

London Hotel Revenue Returns to 2008 Level on Business Travel

London hotel revenue in July returned to a peak reached about two years ago as business travelers came back to the city and a weak pound helped attract visitors from the U.S. and the euro zone.


July revenue per available room, or revpar, in the city was on par with its peak level in 2008, according to London-based researcher STR Global. London’s revpar has recovered faster than any other major European city, according to STR data.

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