When looking at daily data, the highest occupancy levels were recorded on Saturdays: 17 September (89.4%), helped by the AFL preliminary final, and 24 September (88.1%), supported by a myriad of cultural and sporting events.
ADELAIDE- Sydney’s monthly hotel performance reached a pandemic-era high, according to preliminary September 2022 data from STR.
- Occupancy: 71.8%
- Average daily rate (ADR): AUD252.13
- Revenue per available room (RevPAR): AUD181.05
The market’s occupancy and RevPAR levels were its highest since February 2020, while ADR was the highest since February 2018.
When looking at daily data, the highest occupancy levels were recorded on Saturdays: 17 September (89.4%), helped by the AFL preliminary final, and 24 September (88.1%), supported by a myriad of cultural and sporting events.
As of 4 October, STR’s Forward STAR data showed October occupancy on the books at 54%, illustrating a strong base for demand to continue upward.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
