New Year's Eve pushed Sydney room rates to record-high
NYE rates hit AUD 1,009, while concerts by Jimmy Barnes and Lady Gaga also drove strong performance throughout December.
ARLINGTON, Va – Highlighted by New Year’s Eve, Sydney’s hotel industry posted record-high monthly average daily rate (ADR), according preliminary December data from CoStar, a leading provider of online real estate marketplaces, information, and analytics in the property markets.
December 2025 (year-over-year % change):
- Occupancy: 81.3% (+3.2%)
- ADR: AUD349.06 (+11.1%)
- RevPAR: AUD283.68 (+14.7%)
In addition to the ADR record, RevPAR was the highest for any December in the market.
On the final night of the year, occupancy reached 95.4%, and ADR and RevPAR climbed to AUD 1,009.10 and AUD962.95, respectively. Those were the highest ADR and RevPAR figures on record in the market and the first time ADR surpassed the AUD 1,000 mark.
The month’s second highest occupancy (93.3%) was seen on the night of Jimmy Barnes’ performance at the Sydney Opera House–Wednesday, 10 December. The same night pushed the market’s ADR and RevPAR to AUD326.09 and AUD306.11, respectively.
Sydney also hosted two Lady Gaga concerts on her "The MAYHEM Ball" tour on 12-13 December, which pushed occupancy to 89.4% on the first night. ADR and RevPAR peaked on the night of the second concert, at AUD379.65 and AUD333.57, respectively.
Overall, Sydney’s occupancy levels remained above the 70% mark in all but five days during the month.
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 90,000 properties and 11.8 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
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