Looking ahead at the upcoming holiday season, STR’s latest Forward STAR data shows Melbourne’s highest occupancy on the books on 31 December (49.9%).
LONDON — Reflecting the end of lockdown and eased travel restrictions, Melbourne’s hotel industry reported its highest room rates of the pandemic-era, according to preliminary November 2021 data from STR.
- Occupancy: 33.9%
- Average daily rate (ADR): AUD169.06
- Revenue per available room (RevPAR): AUD57.30
The market’s absolute ADR level was the highest since March 2020, while occupancy and RevPAR were the highest since May 2021.
Looking ahead at the upcoming holiday season, STR’s latest Forward STAR data shows Melbourne’s highest occupancy on the books on 31 December (49.9%).
Tatiana is the news co-ordinator for TravelDailyNews Media Network (traveldailynews.gr, traveldailynews.com and traveldailynews.asia). Her role includes to monitor the hundrends of news sources of TravelDailyNews Media Network and skim the most important according to our strategy. She holds a Bachelor degree in Communication & Mass Media from Panteion University of Political & Social Studies of Athens and she has been editor and editor-in-chief in various economic magazines and newspapers.
