London hotels enjoyed the second highest occupancy levels of 2009 in October, according to the latest survey from TRI Hospitality Consulting.
Hotel ccupancy last month was reported as 85.1%, which was 1.5% up on October 2008. This helped reduce the decline in revenue per available room (Revpar) in the city to 3.2%, which is the smallest drop since July 2008.
Elsewhere in the UK, room occupancy fell from 75.7% in September to 73.6% in October, while year-on-year average room rates were 7.6% down.
TRI said the rate reduction was mainly due to the continuing decline in the number of high-yielding business travellers to the UK. The firm quoted Visit Britain's international passenger survey, which showed in-bound business travel was 23% down in the nine months up to September.