Analysts for STR reported that demand fell “across both weekday and weekend business”. Weekday guests tend to be on business, while weekends are more dependent on leisure travellers. The main metric used by the hospitality industry for assessing performance is revenue per available room (RevPAR), which fell by 11.4 per cent last month compared with the previous year. Outside London, occupancy fell slightly – down 1.4 per cent to 79.7 per cent – but was outweighed by a 1.9 per cent rise in average the rate to £72.16. The number of hotel rooms in the capital continues to increase, with the supply of beds on Airbnb and other peer-to-peer accommodation sites also increasing. But London has been replaced by Amsterdam as the most attractive hotel-investment destination in Europe, according to research by Deloitte. Get the full story at The Independent