Market Report Sydney

Sydney Hotel Industry Reports 86.4 Percent Occupancy for May 2017

According to preliminary May data, hotels in Sydney reported occupancy rose 2.4% to 84.6%, ADR increased 7.9% to 215.06 Australian dollars ($161.97) and RevPAR jumped 10.5% to AU$181.92 ($137.01)

STR’s preliminary May 2017 data for Sydney, Australia, indicates significant performance growth. 

Based on daily data from May, Sydney reported the following in year-over-year comparisons:

  • Supply: +3.4%
  • Demand: +5.9%
  • Occupancy: +2.4% to 84.6%
  • Average daily rate (ADR): +7.9% to AUD215.06
  • Revenue per available room (RevPAR): +10.5% to AUD181.92

The absolute occupancy and ADR levels would be the highest on record for a May in Sydney. 

STR analysts note that daily occupancy eclipsed 90% 10 times during the month with a high level of 96.9% on 3 May. Events driving demand during May included DesignBUILD (3-5 May), Australian Tourist Exchange (14-18 May), CeBIT Australia (23-25 May), Liverpool FC v Sydney FC (24 May) and opening week of Vivid Sydney (26 May-17 June).

STR will release actual May 2017 results later this month. The May edition of STR’s Market Forecast is now available.

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit

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