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STR: Melbourne hotel performance improved in June

July 13, 2022

Melbourne’s hotel industry was back on the recovery track with higher performance from the prior month, according to preliminary June 2022 data from STR.

The occupancy level was well below the 2019 comparable (72.2%) while ADR was up by AUD42.

When looking at daily data, Melbourne hotels saw 29 days of occupancy levels above 50%. While demand continues to strengthen each month, occupancy growth has been slightly muted due to increases in supply.

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