ARLINGTON, Va – 10 June 2025 – A mix of events lifted Sydney hotel average daily rate (ADR) and revenue per available room (RevPAR) to all-time highs for a May, according to preliminary data from CoStar. CoStar is a leading provider of online real estate marketplaces, information, and analytics in the property markets.
May 2025 (year-over-year % change):
- Occupancy: 77.4% (+6.7%)
- ADR: AUD250.79 (+3.4%)
- RevPAR: AUD193.99 (+10.4%)
Occupancy, which was the highest for a May in Sydney since 2019, peaked on Saturday, 31 May (89.1%) thanks to the annual Vivid Sydney festival. The second highest occupancy was seen on Saturday, 3 May (88.2%), the night of the match between Melbourne City FC and Sydney FC, which also helped the market’s ADR (AUD305.65) and RevPAR (AUD269.55) reach monthly highs. That was the only night Sydney’s ADR surpassed the AUD300 mark in May.
Also this year, Sydney hosted the 16th World Congress on Endometriosis (21-24 May), which pushed occupancy to 84.2% on the first night. On the final night of the congress, ADR and RevPAR reached AUD287.04 and AUD240.59, respectively.
For more information about the company and its products and services, please visit www.costargroup.com.
Additional Performance Data
CoStar’s world-leading hotel performance sample comprises more than 88,000 properties and 11.5 million rooms. Members of the media should refer to the contacts listed below for additional data requests.
News Media Contact
Karolina Capova
Senior Media Relations Executive
media@str.com
ABOUT COSTAR GROUP
CoStar Group (NASDAQ: CSGP) is a global leader in commercial real estate information, analytics, online marketplaces and 3D digital twin technology. Founded in 1986, CoStar Group is dedicated to digitizing the world’s real estate, empowering all people to discover properties, insights, and connections that improve their businesses and lives.
CoStar Group’s major brands include CoStar, a leading global provider of commercial real estate data, analytics, and news; LoopNet, the most trafficked commercial real estate marketplace; Apartments.com, the leading platform for apartment rentals; and Homes.com, the fastest-growing residential real estate marketplace. CoStar Group’s industry-leading brands also include Matterport, a leading spatial data company whose platform turns buildings into data to make every space more valuable and accessible, STR, a global leader in hospitality data and benchmarking, Ten-X, an online platform for commercial real estate auctions and negotiated bids and OnTheMarket, a leading residential property portal in the United Kingdom.
CoStar Group’s websites attracted over 130 million average monthly unique visitors in the first quarter of 2025, serving clients around the world. Headquartered in Arlington, Virginia, CoStar Group is committed to transforming the real estate industry through innovative technology and comprehensive market intelligence. From time to time, we plan to utilize our corporate website as a channel of distribution for material company information. For more information, visit CoStarGroup.com.