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Preliminary December data for Melbourne hotels

January 13, 2021 Hotel Trends No Comments Email Email

Melbourne’s hotel industry reported its highest performance levels since early in the pandemic, according to preliminary December 2020 data from STR.

Year-over-year declines remained significant in comparison with December 2019:

  • Occupancy: 40.9% (-48.3%)
  • Average daily rate (ADR): AUD149.90 (-19.4%)
  • Revenue per available room (RevPAR): AUD61.35 (-58.3%)

Each of the three key performance metrics were the highest in Melbourne since March. The market was helped by weekend leisure demand as the local economy began to reopen post-lockdown. When looking at daily data, the highest performance was seen on New Year’s Eve: occupancy (63.8%), ADR (AUD239.87) and RevPAR (AUD153.08). 

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