London recorded “worst hotel performance on record” in April

Key Take Away

The UK capital suffered its worst hotel performance on record last month, as a result of the Covid-19 lockdown and global travel restrictions.

Average Daily Rates fell 38.9 per cent to £87.18, while revenue per available room fell 83.5 per cent to £19.11.

STR shows that occupancy fell to 21.9 per cent last month – down from 32.7 per cent in March 

For More Info

https://www.businesstraveller.com/business-travel/2020/05/16/london-recorded-worst-hotel-performance-on-record-in-april/?utm_source=Mailer&utm_medium=ET_batch&utm_campaign=ethospitality_news_2020-05-16&dt=2020-05-16