LONDON—STR’s preliminary June 2021 data for London hotels showed its highest performance levels since the start of the pandemic.
- Occupancy: 41.0%
- Average daily rate (ADR): GBP99.78
- Revenue per available room (RevPAR): GBP40.96
The absolute occupancy and RevPAR levels were the highest for any month in London since February 2020, while the ADR level was the highest since March 2020.
Year-over-year percentage increases are substantial because of the comparison with the months most affected by the pandemic in 2020.
All of STR’s COVID-19 analysis can be found here.
About STR
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.
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