ADELAIDE - Melbourne’s hotel performance fell from the previous month, but room rates remained well above the pre-pandemic comparable, according to preliminary August 2022 data from STR.

  • Occupancy: 59.0%
  • Average daily rate (ADR): AUD207.05
  • Revenue per available room (RevPAR): AUD122.10

While ADR was higher than August 2019, the occupancy and RevPAR levels remained below the pre-pandemic comparables at -27.3% and -16.1%, respectively.

When looking at daily data, the highest occupancy level was recorded on Saturday, 20 August (80.6%). The market’s daily occupancy levels remained above 50% for the month, with just five days of occupancy in the 40% range.

More of STR’s analysis can be found here.

About STR

STR provides premium data benchmarking, analytics and marketplace insights for the global hospitality industry. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

Haley Luther
Communications Coordinator
+1 615 824 8664 ext. 3500
STR

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