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STR: Preliminary November data for Sydney hotels

December 13, 2019 Hotel Trends No Comments Email Email


STR’s preliminary November 2019 data for hotels in Sydney, Australia, indicates lower performance.

Based on daily data from the month, Sydney reported the following in year-over-year comparisons:

  • Supply: +1.9%
  • Demand: -1.6%
  • Occupancy: -3.4% to 86.5%
  • Average daily rate (ADR): -3.9% to AUD233.61
  • Revenue per available room (RevPAR): -7.2% to AUD202.06

November marked the 23rd consecutive month of occupancy declines for the market, most of which were supply-driven. STR analysts partially attribute the decline in demand for November to significant bushfires in the country.

STR will release full November results later this month.



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