Hotel occupancy - London figures

Book early if you require hotel accommodation in London this summer.  You will find it cheaper, and with a much better selection.

London hotel occupancy overtook pre-pandemic levels for the first time in December 2023, marking a strong end to the year for the industry, according to the RSM Hotels Tracker.

Occupancy exceeded rates seen in December 2019 from 78.3% to 80% in December 2023; and remained consistent with November last year at 80.6%.

Outside of London, UK occupancy fell from 76.8% in November to 70.1% in December and was almost back to pre-pandemic levels (70.8%).

Average daily room rates of UK luxury hotels reached a record £400.18 in the peak of the summer season, falling to £333.33 in August. In the same period, rates of middle market hotels were £149.76 in July and fell to £131.89 in August and decreased from £108.70 to £101.49 for budget hotels.

www.rsmuk.com/insights/hotels-tracker

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