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STR Reports Sydney Hotel Performance Peaked During FIFA Women's World Cup

September 15, 2023

Helped by the FIFA Women’s World Cup, Sydney’s hotel industry recorded its highest monthly performance levels since March 2023, according to preliminary August 2023 data from CoStar.

August 2023 (year-over-year % change):

  • Occupancy: 80.7% (+26.0%)
  • Average daily rate (ADR): AUD261.83 (+9.0%)
  • Revenue per available room (RevPAR): AUD211.19 (+37.3%)

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