STR | June 16, 2022

LONDON—Sydney’s hotel industry reported steady occupancy, while room rates fell slightly from the prior month, according to preliminary May 2022 data from STR.

  • Occupancy: 65.1%
  • Average daily rate (ADR): AUD233.96
  • Revenue per available room (RevPAR): AUD152.32

When looking at daily data, Tuesday and Wednesday occupancy levels hovered between 65% and 75% and outperformed most Saturdays, which shows an increase in business demand.

The highest daily occupancy level for the month (82.8%) came on 28 May, the first Saturday of Vivid Sydney 2022. The event also drove ADR to AUD305.18, which was up 10.7% from the Saturday prior.

All of STR’s COVID-19 analysis can be found here.