Edinburgh hotels saw revpar drop by 19.4% in the week
ending 7 January 2009, according to hospitality research company STR
Global.
Revpar fell to £43.50, compared with £53.96 in the equivalent week of 2007.
Occupancy declined by 11.9 percentage points to 55.5% while average daily rate fell by 2.1% from £80.10 to £78.45.
In
the 28 days to 7 February, revpar in Edinburgh hotels dropped by 16.5%
to £40.22, compared with an average fall of 14.9% across the provinces
to £39.92.
The figures are compiled each week by STR Global. The tables below show the weekly and running 28-day figures for hotels in Birmingham, Cardiff, Edinburgh and Manchester.
PERFORMANCE FIGURES FOR LONDON AND REGIONAL HOTELS
1-7 FEBRUARY 2009 Occupancy Average RevPar Occupancy Average RevPar
LONDON
HOTELS
Daily Rate
Week to 07/02/09
68.8%
£115.17
£79.24
Week to 07/02/08
75.3%
£121.73
£91.65
% change
-6.5 points
-5.4%
-13.5%
28 days to 07/02/09
70.1%
£115.67
£81.07
28 days to 07/02/08
76.8%
£121.13
£93.05
% change
-6.7 points
-4.5%
-12.9%
REGIONAL
HOTELS
Daily Rate
Week to 07/02/09
57.1%
£69.68
£39.82
Week to 07/02/08
67.1%
£74.40
£49.94
% change
-10 points
-6.3%
-20.3%
28 days to 07/02/09
58.8%
£67.91
£39.92
28 days to 07/02/08
64.6%
£72.56
£46.91
% change
-5.8 points
-6.4%
-14.9%
25 - 31 JANUARY 2009 Occupancy Average RevPar Occupancy Average RevPar
LONDON
HOTELS
Daily Rate
Week to 31/01/09
74.5%
£119.92
£89.36
Week to 31/01/08
76.1%
£120.69
£91.80
% change
-1.6 points
-0.6%
-2.7%
28 days to 31/01/09
66.1%
£112.95
£74.62
28 days to 31/01/08
74.7%
£118.28
£88.40
% change
-8.6 points
-4.5%
-15.6
REGIONAL
HOTELS
Daily Rate
Week to 31/01/09
62.3%
£66.88
£41.69
Week to 31/01/08
64.6%
£72.81
£47.02
% change
-2.3 points
-8.1%
-11.3%
28 days to 31/01/09
55.5%
£66.60
£36.97
28 days to 31/01/08
61.3%
£71.26
£43.68
% change
-5.8 points
-6.5%
-15.4%
Occupancy Average RevPar Occupancy Average RevPar
18 JANUARY - 24 JANUARY 2009
LONDON
HOTELS
Daily Rate
Week to 24/01/09
66.8%
£118.26
£79.01
Week to 24/01/08
79.9%
£124.76
£99.74
% change
-13.1 points
-5.2%
-20.8%
28 days to 24/01/09
65.4%
£107.26
£70.20
28 days to 24/01/08
70.5%
£112.67
£79.48
% change
-5.1 points
-4.8%
-11.7%
REGIONAL
HOTELS
Daily Rate
Week to 24/01/09
60.3%
£67.75
£40.85
Week to 24/01/08
65.6%
£71.58
£46.93
% change
-5.3 points
-5.4%
-12.9%
28 days to 24/01/09
50.6%
£66.80
£33.80
28 days to 24/01/08
55.4%
£70.78
£39.18
% change
-4.8 points
-5.6%
-13.7%
11 JANUARY - 17 JANUARY 2009 Occupancy Average RevPar Occupancy Average RevPar
LONDON
HOTELS
Daily Rate
Week to 17/01/09
69.7%
£112.28
£78.28
Week to 17/01/08
75.4%
£117.15
£88.31
% change
-5.7 points
-4.2%
-11.4%
28 days to 17/01/09
60.4%
£101.88
£61.52
28 days to 17/01/08
63.5%
£104.24
£66.22
% change
-3.1 points
-2.3%
-7.1%
REGIONAL
HOTELS
Daily Rate
Week to 17/01/09
56%
£67.55
£37.82
Week to 17/01/08
61,4%
£71.45
£43.86
% change
-5.4 points
-5.5%
-13.8%
28 days to 17/01/09
44.1%
£65.71
£28.99
28 days to 17/01/08
48.6%
£69.51
£33.79
% change
-4.5 points
-5.5%
-14.2%
Occupancy Average RevPar Occupancy Average RevPar
4 JANUARY - 10 JANUARY 2009
LONDON
HOTELS
Daily Rate
Week to 10/01/09
53.1%
£99.03
£52.56
Week to 10/01/08
66.7%
£108.97
£72.65
% change
-13.6 points
-9.1%
-27.7%
28 days to 10/01/09
60.1%
£102.62
£61.65
28 days to 10/01/08
60.3%
£101.46
£61.20
% change
-0.2 points
+1.1%
+0.7%
REGIONAL
HOTELS
Daily Rate
Week to 10/01/09
43.8%
£63.75
£27.90
Week to 10/01/08
53.7%
£68.90
£37.00
% change
-9.9 points
-7.5%
-24.6%
28 days to 10/01/09
44.5%
£65.42
£29.11
28 days to 10/01/08
46.7%
£68.18
£31.87
% change
-2.2 points
-4.1%
-8.7%
Occupancy Average RevPar Occupancy Average RevPar
28 DECEMBER 2008 - 3 JANUARY 2009
LONDON
HOTELS
Daily Rate
Week to 03/01/09
72.2%
£99.46
£71.85
Week to 03/01/08
60.2%
£95.14
£57.24
% change
+12 points
+4.5%
+25.5%
28 days to 03/01/09
67.4%
£111.85
£75.40
28 days to 03/01/08
65.2%
£109.06
£71.15
% change
+2.2 points
+2.6%
+6%
REGIONAL
HOTELS
Daily Rate
Week to 03/01/09
42.5%
£68.81
£29.24
Week to 03/01/08
40.7%
£71.06
£28.95
% change
+1.8 points
-3.2%
+1%
28 days to 03/01/09
50.3%
£67.85
£34.11
28 days to 03/01/08
51.7%
£69.34
£35.82
% change
-1.4 points
-2.1%
-4.8%
|
25-31 January 2009 |
Occupancy |
Average |
RevPar |
| Week to 31/01/09 | 62.6% | £72.27 | £45.21 |
| Week to 31/01/08 | 69.5% | £79.50 | £55.25 |
| % change | -6.9 points | -9.1% | -18.2% |
| 28 days to 31/01/09 | 56.9% | £70.48 | £40.11 |
| 28 days to 31/01/08 | 64.8% | £75.88 | £49.17 |
| % change | -7.9 points | -7.1% | -18.4% |
|
21-27 December |
Occupancy |
Average |
RevPar |
| Week to 27/12/08 | 26.9% | £52.87 | £14.21 |
| Week to 27/12/07 | 25.9% | £49.80 | £12.90 |
| % change | +1 point | +6.2% | +10.1% |
| 28 days to 27/12/08 | 56.5% | £66.54 | £37.67 |
| 28 days to 27/12/07 | 59.5% | £68.68 | £40.85 |
| % change | -2.9 points | -3.1% | -7.8% |
CARDIFF HOTELS
|
4-10 January 2009 |
Occupancy |
Average |
RevPar |
| Week to 10/01/09 | 39.6% | £56.30 | £22.30 |
| Week to 10/01/09 | 54.9% | £66.52 | £36.51 |
| % change | -15.3 points | -15.4% | -38.9% |
| 28 days to 10/01/09 | 41% | £60.12 | £24.67 |
| 28 days to 10/01/08 | 44.8% | £63.88 | £28.61 |
| % change | -3.8 points | -5.9% | -13.8% |
EDINBURGH HOTELS
| 1-7 February 2009 |
Occupancy |
Average |
RevPar |
| Week to 07/02/09 | 55.5% | £78.45 | £43.50 |
| Week to 07/02/08 | 67.4% | £80.10 | £53.96 |
| % change | -11.9 points | -2.1% | -19.4% |
| 28 days to 07/02/09 | 56.9% | £70.72 | £40.22 |
| 28 days to 07/02/08 | 62.4% | £77.12 | £48.15 |
| % change | -5.5 points | -8.3% | -16.5% |
|
28 December 2008 - 3 January 2009 |
Occupancy |
Average |
RevPar |
| Week to 03/01/09 | 59.6% | £69.60 | £41.45 |
| Week to 03/01/08 | 47% | £75.43 | £35.47 |
| % change | +12.6 points | -7.7% | +16.9% |
| 28 days to 03/01/09 | 51.2% | £62.04 | £31.75 |
| 28 days to 03/01/08 | 50.8% | £66.20 | £33.66 |
| % change | +0.4 points | -6.3% | -5.7% |
|
18-24 January 2009 |
Occupancy |
Average |
RevPar |
| Week to 24/01/09 | 64.8% | £70.36 | £45.57 |
| Week to 24/01/08 | 70.5% | £77.21 | £54.47 |
| % change | -5.7 points | -8.9% | -16.3% |
| 28 days to 24/01/09 | 56.4% | £68.13 | £38.40 |
| 28 days to 24/01/08 | 60.2 | £74.56 | £44.91 |
| % change | -3.8 points | -8.6% | -14.5% |
| 11 January - 17 January 2009 |
Occupancy |
Average |
RevPar |
| Week to 17/01/09 | 64.7% | £70.51 | £45.60 |
| Week to 17/01/08 | 63.6% | £75.45 | £48.03 |
| % change | +1.1 points | -6.5% | -5.1% |
| 28 days to 17/01/09 | 48.8% | £66.66 | £32.56 |
| 28 days to 17/01/08 | 52.2% | £71.59 | £37.37 |
| % change | -3.4 points | -6.9% | -12.9% |
Source: STR Global