January 2020 STR Results For Aus & NZ

Sydney & Melbourne falter, Hobart remains consistent, Brisbane soars


Key points:

  • Sydney RevPAR: -5.5% to $161

  • Melbourne RevPAR: -2.4% to $154

  • Brisbane RevPAR: +9.4% to $96



According to January 2020 STR figures released this week, Occupancy and RevPAR results were mixed across Australia & New Zealand.


STR numbers for January 2020:


Australia


Sydney

  • Occupancy: -4.3% to 76.9%

  • RevPAR: -5.5% to $161


Melbourne

  • Occupancy: -2.4% to 75.9%

  • RevPAR: -2.4% to $154


Brisbane

  • Occupancy: +6.8% to 65.3%

  • RevPAR: +9.4% to $96


Cairns

  • Occupancy: +2.9% to 68.3%

  • RevPAR: +4.8% to $98


Hobart

  • Occupancy: -2% to 89.8%

  • RevPAR: +2.9% to $194



New Zealand


Auckland

  • Occupancy: +0.7% to 80.4%

  • RevPAR: +2.2% to $160


Christchurch

  • Occupancy: -6.6% to 78.2%


Wellington

  • Occupancy: -8.7% to 65.6%

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