Hotel occupancy report shows London still global leader for event venues

When it comes to corporate events or party venues, London is still the place according to the global hotel occupancy league table for 2010.

The English capital finished third in the global hotel occupancy table suggesting that more people are choosing to book their Christmas party nights or conference venue in London.

Travelweekly.co.uk report that London had a hotel occupancy rate of 82.1% for the last calendar year.

The city finished marginally behind Sydney and Seoul meaning it posted the highest occupancy rate throughout Europe.

The statistics delivered by Deloitte may encourage those hoping to book a hotel before attending their conference venue in London to do so quite a while beforehand.

Deloitte Global Managing Director Alex Kyriakidis told travelweekly.co.uk: “Revpar growth gained momentum in the capital during 2010 and the results were good despite the current economic uncertainty facing the UK economy. 

“2011 may prove to be more challenging, however, as the city starts to see new hotel supply come on board in the run up to the 2012 London Olympic Games”

Deloitte.com reported that London was one of only five cities to appear in the global top 20 for hotel occupancy, average room rate and revPAR ranking.

The other four cities were Paris, Tel-Aviv, Istanbul and Zurich.