London hotels recorded their highest October revenue per available room in 2026, driven by demand around the BFI Film Festival.
Revenue per available room rose 5.5% year over year to £178.81, according to preliminary CoStar data.
The average daily room rate rose 4.6% to £207.91, contributing to the revenue record. Occupancy increased 0.8% to 86%, its highest October level since 2019.
Hotel performance peaked on Tuesday, Oct. 13, when occupancy reached 94.7%, the average daily rate was £256.19, and revenue per available room was £242.65. Occupancy remained above 80% on all but five nights during the month.