The coronavirus pandemic drastically impacted the global hotel industry. In London, this was seen in the revenue per available room (RevPAR) of hotels which fell to 35 British pounds in 2020. The following year saw moderate growth, with RevPAR reported to reach 42.6 British pounds. This was forecast to grow to almost 109 British pounds in 2022 and over 120 British pounds in 2023.
Revenue per available room of hotels in London (UK) from 2019 to 2021, with a forecast to 2023
(in GBP)
Characteristic
Average
Harsh winter
Mild winter
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PwC. (November 7, 2022). Revenue per available room of hotels in London (UK) from 2019 to 2021, with a forecast to 2023 (in GBP) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/323725/revpar-change-in-london-uk-hotels/
PwC. "Revenue per available room of hotels in London (UK) from 2019 to 2021, with a forecast to 2023 (in GBP)." Chart. November 7, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/323725/revpar-change-in-london-uk-hotels/
PwC. (2022). Revenue per available room of hotels in London (UK) from 2019 to 2021, with a forecast to 2023 (in GBP). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/323725/revpar-change-in-london-uk-hotels/
PwC. "Revenue per Available Room of Hotels in London (Uk) from 2019 to 2021, with a Forecast to 2023 (in Gbp)." Statista, Statista Inc., 7 Nov 2022, https://www.statista.com/statistics/323725/revpar-change-in-london-uk-hotels/
PwC, Revenue per available room of hotels in London (UK) from 2019 to 2021, with a forecast to 2023 (in GBP) Statista, https://www.statista.com/statistics/323725/revpar-change-in-london-uk-hotels/ (last visited June 18, 2024)
Revenue per available room of hotels in London (UK) from 2019 to 2021, with a forecast to 2023 (in GBP) [Graph], PwC, November 7, 2022. [Online]. Available: https://www.statista.com/statistics/323725/revpar-change-in-london-uk-hotels/