financehotelowner.co.uk··1 min·For: Owner, Revenue, Investor, GM
London Docklands Leads RevPAR Growth as Luxury Lags
London's Docklands and northern submarkets led citywide hotel performance through July with an 8.8% RevPAR surge, while central luxury districts lagged due to softening long-haul demand and fresh supply.
Key Takeaways
- 1Docklands and London Surrounding North posted an 8.8% RevPAR jump, driven by ExCeL events and stadium concerts.
- 2Corporate demand lifted City hotel room rates by 3%, successfully absorbing 650 new hotel rooms.
- 3Luxury hubs like Mayfair and Knightsbridge struggled as Middle Eastern arrivals through Heathrow fell 24%.
Source: hotelowner.co.uk
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