London's Milestone Hotel
The UK hotel industry has reported positive results in the three key performance metrics during the second quarter of 2017, according to data from STR.
The UK saw occupancy up 1% to 79.6, ADR rise by 5.2% to £94.22 and RevPAR up by 6.3% to £75.05.
STR analysts note that the devaluation of the pound continues to drive inbound travel and stronger domestic tourism in the UK.
At the market level, London recorded an 8.4% rise in RevPAR to £127.33, due primarily to a 6.4% increase in ADR to £152.70.
The market saw only moderate declines in occupancy following the 3 June terrorist attack at London Bridge. Performance growth soon returned and was boosted around Eid al-Fitr as London typically welcomes a high volume of visitors from the Middle East during the holiday.
Q2 performance growth for Regional UK was lower (RevPAR: +4.8%).
(source: STR)