London RevPAR growth softens

Regional performance continues to deteriorate as London RevPAR growth is softening

According to the Q4 2019 UK Hotel Market Tracker London recorded RevPAR growth of 0.9% for the final quarter of the decade. Report published by AlixPartners, STR and HVS,

Whilst these figures are encouraging, hoteliers will be keeping a close eye on softening occupancy, especially given active pipeline levels above 10%.

Regional RevPAR declined 2.7% in Q4. The regions posted a decline of 1.9% for the full year 2019, marking the first annual decline since 2015.

Transaction volumes were 19% down in 2019, as increased portfolio activity was more than offset by a steep decline in single assets sales.

Transactions are up in Q4 2019 and with greater political certainty, investors are likely to be cautiously optimistic about a resurgence in activity heading into 2020.

Click here for the full report.