Park Plaza Hotels' average room rate in 2009 slipped to £79.34 ($110) compared with £92.43 ($138) in 2008. Hotel occupancy, however, remained stable with 79.1% compared with 79.8% in 2008, while RevPAR stood at £62.81 ($93) compared with £73.28 ($109) in 2008. The com
Park Plaza Hotels’ average room rate in 2009 slipped to £79.34 ($110) compared with £92.43 ($138) in 2008.
Hotel occupancy, however, remained stable with 79.1% compared with 79.8% in 2008, while RevPAR stood at £62.81 ($93) compared with £73.28 ($109) in 2008.
The company, which launched the Park Plaza Westminster Bridge Hotel earlier this year, said its London properties had performed well, according to bighospitality.co.uk.
