Two years of Australian border closures and the world’s longest pandemic lockdowns in Sydney and Melbourne didn’t slow down hotel development, even as RevPAR slid by approximately 50 percent, according to data benchmarking firm STR. Though international travel isn’t set for a full comeback until 2025, travel-starved Australians are picking up the slack as hotel occupancies and rates surge. Despite an 11 percent dip in the number of rooms forecast to open in 2022, Australia is in the midst of a hotel boom. Here, we look at 10 properties that are strengthening Australia’s recovery.
