STR: Preliminary July Data for Sydney Hotels
Reflecting the ongoing impact of the latest lockdowns, Sydney hotels showed significantly lower performance across the three key performance metrics, according to preliminary July 2021 data from STR.
LONDON — Reflecting the ongoing impact of the latest lockdowns, Sydney hotels showed significantly lower performance across the three key performance metrics, according to preliminary July 2021 data from STR.
- Occupancy: 18.7%
- Average daily rate (ADR): AUD147.08
- Revenue per available room (RevPAR): AUD27.44
The absolute occupancy level was the lowest for any month in STR’s Sydney database while ADR was the lowest since April 2020. That occupancy level is concentrated to returning travelers who are completing their 14-day quarantine. STR’s latest Forward STAR data shows Sydney with lower occupancy on the books at the start of the month compared with the same time last year.
More broadly across New South Wales, and unlike what was seen in Sydney previously, regional NSW properties have been affected by restrictions, with a preliminary July occupancy level of 25.3%.
Further information regarding the latest impact of lockdowns in Australia can be found here.
All of STR’s COVID-19 analysis can be found here.
About CoStar Group, Inc.
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces, and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible; STR, a global leader in hospitality data and benchmarking; Ten-X, an online platform for commercial real estate auctions and negotiated bids; and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 139 million average monthly unique visitors in the fourth quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.
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