Global Travel Media » Blog Archive » STR: Preliminary June data for Melbourne hotels

Home » Hotel Trends » Currently Reading:

STR: Preliminary June data for Melbourne hotels

July 17, 2019 Hotel Trends No Comments Email Email

STR’s preliminary June 2019 data for hotels in Melbourne, Australia, indicates strong supply affecting performance levels.

http://www.stevecafeandcuisine.com/Based on daily data from the month, Melbourne reported the following in year-over-year comparisons:

  • Supply: +5.2%
  • Demand: -1.4%
  • Occupancy: -6.3% to 72.7%
  • Average daily rate (ADR): -2.7% to AUD168.90
  • Revenue per available room (RevPAR): -8.9% to AUD122.83

June marked the fourth consecutive month of occupancy declines for the market. STR analysts note that growing supply continues to affect performance levels as the metric has outpaced demand for the fifth month in a row.

Comment on this Article:







Time limit is exhausted. Please reload CAPTCHA.

Platinium Partnership

ADVERTISEMENTS

Elite Partnership Sponsors

ADVERTISEMENTS

Premier Partnership Sponsors

ADVERTISEMENTS

Official Media Event Partner

ADVERTISEMENTS

Global travel media endorses the following travel Publication

ADVERTISEMENTS

GLOBAL TRAVEL MEDIA VIDEOS

Advertisements

sitemap