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Sydney: Preliminary STR Data For November 2019

November marked the 23rd consecutive month of occupancy declines for the market


Key points:

  • Occupancy: -3.4% to 86.5%

  • ADR: -3.9% to $233.61

  • RevPAR: -7.2% to $202.06


Based on daily data from the month, Sydney reported the following in year-over-year comparisons:


  • Supply: +1.9%

  • Demand: -1.6%

  • Occupancy: -3.4% to 86.5%

  • ADR: -3.9% to $233.61

  • RevPAR: -7.2% to $202.06


November marked the 23rd consecutive month of occupancy declines for the market, most of which were supply-driven. STR analysts partially attribute the decline in demand for November to significant bushfires in the country.


STR will release full November results later this month.