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STR: Preliminary June data for Melbourne hotels

According to preliminary monthly data from STR, hotels in Melbourne reported a fall in RevPAR of 8.9%


Key points:

  • Occupancy: -6.3% to 72.7%

  • ADR: -2.7% to $168.90

  • RevPAR: -8.9% to $122.83


STR’s preliminary June 2019 data for hotels in Melbourne indicates strong supply affecting performance levels.


Melbourne reported the following in year-over-year comparisons:

  • Supply: +5.2%

  • Demand: -1.4%

  • Occupancy: -6.3% to 72.7%

  • ADR: -2.7% to $168.90

  • RevPAR: -8.9% to $122.83


June marked the fourth consecutive month of occupancy declines for the market. STR analysts noted that growing supply continues to affect performance levels as the metric has outpaced demand for the fifth month in a row.


STR will release full June results later this month.