Paul Norman

<html><head></head><body><div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p><span class="Enhancement"><span class="Enhancement-item"><a class="Link
" href="https://ahprd1cdn.csgpimgs.com/si2/s1VyMKmYlDUZGwV7lF4yeiqr5NQ5zL7PzC8lTnAzB9dsTiruCC4YixQbMOzDFIfw/1/image.jpg" target="_blank"><img src="https://ahprd1cdn.csgpimgs.com/si2/s1VyMKmYlDUZGwV7lF4yeiqr5NQ5zL7PzC8lTnAzB9dsTiruCC4YixQbMOzDFIfw/1/image.jpg" alt width="300" height="251"></a></span></span>According to Savills and TRI Hospitality Consulting, revenue per available room (RevPAR) was also up 41% in the same period.</p></div></div></body></html>

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The 2012 Olympic Games significantly boosted performance in the London full-service hotel market with gross operating profit per available room (GOPPAR) increasing by 90% in August 2012, compared to the same time in 2011.

Olympics drives 'phenomenal' August for London hotels

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This article was originally published on <a>Homes.com</a>.

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

The CoStar Power Broker Awards recognize the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction are singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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Olympics drives 'phenomenal' August for London hotels

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