/ Posted on 5 July, 2021 12:30
Key markets across Australia have recorded noticeably lower levels of occupancy on the books for the coming weeks due to recent Covid-19 outbreaks and lockdowns, according to data from STR’s Forward STAR.
Most notably, Sydney’s occupancy on the books is down an average of 13.8 per cent when comparing the June 28 data update with the data release from June 21. Occupancy for the week ending July 3 is unlikely to exceed the 20 per cent mark, which would be a 50 per cent decline from previous weeks.
Sydney hotels hit with wave of cancellations from fresh lockdowns, but impact appears to be short-term
STR: Australia s latest lockdowns curtail hotel bookings
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Latest lockdowns curtail hotel bookings in Australia
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