ADELAIDE - Sydney’s hotel industry saw lower performance from the month prior, but comparisons against 2019 levels held steady, according to preliminary July 2022 data from STR.

  • Occupancy: 65.8%
  • Average daily rate (ADR): AUD239.96
  • Revenue per available room (RevPAR): AUD157.80

Despite the month-over-month declines, the ADR and RevPAR levels were higher than the 2019 comparables (AUD197.41 and AUD154.71). Occupancy, however, was 16.1% below July 2019.

When looking at daily data, Sydney hotels reported just two days of occupancy below 50%.

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

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Haley Luther
Communications Coordinator
+1 615 824 8664 ext. 3500
STR