STR’s preliminary October 2017 data for hotels in London indicates a year-over-year decline of 1.9% in occupancy levels, attributed to the significant increase in supply, but growth of 2.3% in ADR.

These results mark the lowest October occupancy level in London since 2006, but the second-highest ADR for any October since 1994. STR will release its full October 2017 results later this month.

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