June events lifted Sydney hotel performance
Sydney hotels posted June 2026 RevPAR of AUD180.77, up 3.7% year-over-year, with VIVID Sydney, the Al Shami concert, and the Sydney Film Festival driving peak occupancy of 92.7% on June 6.
ARLINGTON, Va – Several events helped Sydney’s hotel industry achieve year-over-year performance growth in June, according to preliminary data from CoStar, a leading provider of online real estate marketplaces, information, and analytics in the property markets.
June 2026 (year-over-year % change):
Occupancy: 74.1% (+1.1%)
Average daily rate (ADR): AUD243.81 (+2.6%)
Revenue per available room (RevPAR): AUD180.77 (+3.7%)
The market’s occupancy was its highest for a June since 2019.
Sydney’s performance reached highs on the night of the penultimate VIVID Sydney (6 June): occupancy (92.7%), ADR (AUD323.93) and RevPAR (AUD300.39). This was the only night during the month that ADR and RevPAR exceeded AUD300. Those monthly highs were further supported by the Al Shami concert as well as the Sydney Film Festival.
Given the 0.1% supply decrease in the market, all demand growth builds occupancy in Sydney. The annual Vivid Sydney and Sydney Film Festival underpin demand for Sydney’s historically softest occupancy month.
Matthew Burke, STR’s regional director
Throughout the month, Sydney’s occupancy levels remained above the 60% mark on all but three nights.
“Sydney’s occupancy on the books is tracking two percentage points below the same time last year for July and one percentage point below for August,” Burke said. “However, the overall level remains a positive indicator, given that demand last year was boosted by the British & Irish Lions tour.”
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Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 94,000 properties and 12 million rooms around the globe. Members of the media should refer to the contact 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.
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