May events lifted Adelaide hotel room rates
Adelaide hotels saw ADR rise 6.6% and RevPAR gain 5.7% in May 2026, driven by the Australian Tourism Exchange, though occupancy dipped 0.9% as new supply entered the market.
ARLINGTON, Va. – Key events helped Adelaide post improved average daily rate (ADR) and revenue per available room (RevPAR), according to May preliminary data from CoStar, a global leading provider of online real estate marketplaces, information, and analytics in the property markets.
May 2026 (year-over-year % change):
Occupancy: 72.7% (-0.9%)
ADR: AUD198.79 (+6.6%)
RevPAR: AUD144.43 (+5.7%)
Adelaide’s performance peaked across the key performance metrics during the Australian Tourism Exchange (Wednesday, 13 May): occupancy (88.3%), ADR (AUD243.62) and RevPAR (AUD215.09). Levels were further helped by the PRECI conference taking place across the same dates.
The night before produced the month’s second highest levels: occupancy (87.4%), ADR (AUD239.85) and RevPAR (AUD209.60).
These were the only two nights with RevPAR above AUD200.
Demand grew year over year, but occupancy came in lower as the market absorbed an additional 1.6% of supply. The market is expected to see future occupancy declines as a wave of new supply opens across the city. It will take time for demand to catch up.
Matthew Burke, regional director at STR
For more information about the company and its products and services, please visit www.costargroup.com.
Additional Performance Data
CoStar’s world-leading hotel performance sample comprises 94,000 properties and 12 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.
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.
Media Contact
Karolina Capova
Senior Media Relations Specialist [email protected]