Melbourne hotels post best performance of the pandemic-era - Insights
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Melbourne hotels post best performance of the pandemic-era

Melbourne’s hotel performance reached a pandemic-era high, according to preliminary October 2022 data from STR.Melbourne hotel performance

  • Occupancy: 69.9%
  • Average daily rate (ADR): AUD232.07
  • Revenue per available room (RevPAR): AUD162.21

The market’s ADR level was the highest for any month on record, while occupancy and RevPAR were the highest since February 2020 and November 2019, respectively. While improved, occupancy remained 17.5% below the pre-pandemic comparable.

Tags: hotel performance, hotel report, melbourne hotel, 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 inte…

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