Market Report Sydney

Sydney Hotel Industry Reports 81.1 Percent Occupancy for January 2016

According to STR Global analysts, the absence of a major draw card event (AFC Asian Cup 2015) did not hinder Sydney’s performance. The market continues to blossom with international and domestic leisure travellers.

STR Global’s preliminary January 2016 data for Sydney, Australia, indicates positive performance driven by rate.

Based on daily data from January, Sydney reported:

  • increases in supply (+2.5%) and demand (+3.4%);
  • a 0.9% increase in occupancy to 81.1%;
  • a 4.4% increase in average daily rate to AUD204.56; and
  • a 5.4% increase in revenue per available room to AUD166.99.

The month’s absolute ADR would be the highest on record for any January in Sydney. In addition, RevPAR has grown in year-over-year comparisons for 15 consecutive months.

According to STR Global analysts, the absence of a major draw card event (AFC Asian Cup 2015) did not hinder Sydney’s performance. The market continues to blossom with international and domestic leisure travellers. Expanding air and cruise capacity, favourable exchange rates to key source markets and optimistic hoteliers are driving performance.


About STR Global:

STR Global provides clients —including hotel operators, developers, financiers, analysts and suppliers to the hotel industry—access to hotel research with regular and custom reports covering Europe, Middle East, Africa, Asia Pacific and South America. STR Global provides a single source of global hotel data covering daily and monthly performance data, forecasts, annual profitability, pipeline and census information. STR Global is part of the STR family of companies and is proudly associated with STR, STR Analytics and Hotel News Now. For more information, please visit www.strglobal.com.



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