Amid increased COVID-19 cases and lockdowns across the country, Australia’s hotel industry reported lower performance levels, according to preliminary August 2021 data from STR.
- Occupancy: 30.8%
- Average daily rate (ADR): AUD163.22
- Revenue per available room (RevPAR): AUD50.33
The occupancy level was the lowest in the country since May 2020. Four of Australia’s capitals and two states were in lockdown during August, which heavily impacted performance. With the most populous states restricted from travel and only limited interstate and intrastate travel, open destinations have felt the impact. Across the top 10 destinations in Australia, each reported sub-50% occupancy for August.
The forward outlook remains muted with small peaks in occupancy visible for September school holidays and key events such as the AFL Grand Final in Perth.
All of STR’s COVID-19 analysis can be found here.