Reflecting the beginning of summer and the impact of the holiday season, Sydney’s hotel industry reported its highest room rates of the pandemic era.
U.S. hotel results for week ending 1 January
U.S. hotel ADR reached an all-time weekly high.
Vivid SydneyÕs lights heat up hoteliersÕ winter nights
The high-energy voltage from Vivid Sydney Festival on from May 16 until June 17Êcould flow on to Sydney hoteliers in the coming weeks, with Expedia group data revealing nearly 80 per centÊof stays were booked during the festival or within one month of the opening night in 2016, boosting occupancy and higher room rates during the traditionally quieter months.
