AUSTRALIAN HOTEL MARKET SNAP SHOT

HALF YEAR 2018 Accelerating success.

TOP 3 OCCUPANCY REVPAR TREND FOR YTD JULY 2018 VS 2017

90%
Darwin Sydney City 0.9%
Melbourne City -0.6%
85% Brisbane 0.4%
Adelaide 1.8%
80%
Cairns Cairns 2.3%
MELBOURNE

75%
Gold Coast 14.4%
HOBART

NT
SYDNEY

Perth -3.3%
70% Darwin 6.8%
Canberra 3.2%
LOWEST 3 OCCUPANCY Hobart
QLD -3.0%
72.5%
WA Brisbane
70.0% Gold Coast
SUPPLY PIPELINE AS A PERCENTAGE OF EXISTING
STOCK AS AT JUNE 2018
67.5%
SA 40%
GOLD COAST
BRISBANE

65.0%
DARWIN

Perth 30%

62.5% NSW/ACT 20%

Sydney
TOP 3 AVERAGE DAILY RATE 10%

$270 Adelaide Canberra

0%
VIC

BRISBANE
CITY
HOBART TR

ADELAIDE TR

SYDNEY CITY
PERTH TR
MELBOURNE
CITY

CANBERRA
TR

DARWIN
TR
$230
Melbourne
$190
REVPAR RANKING - 2018 COMPARED TO 2017
MELBOURNE

GOLD COAST

$150
SYDNEY

*Includes those proposed projects up until 2023.

City Year to June 2018 Year to June 2017

TAS *Includes projects under construction (weighted 100%), projects likely proposed (weighted 75%), projects with
   DA approval (weighted 50%), and projects with DA Submitted (weighted 40%).
Hobart
$0 Sydney Centre 1 1 *Excludes speculative and developments on hold.

Melbourne City 2 2
LOWEST 3 AVERAGE DAILY RATE Hobart 3 3
HOTEL VALUATION SPECIALISTS
$200 Gold Coast 4 5
Canberra 5 4
$150 Adelaide 6 7
Perth 7 6
$100
Cairns 8 8
BRISBANE

Brisbane 9 9
DARWIN

$50
CAIRNS

Michael Thomson Baden Mulcahy Christopher Milou Robert Bird

Darwin 10 10 National Director National Director Director Assistant Valuer
E: michael.thomson@colliers.com E: baden.mulcahy@colliers.com E: christopher.milou@colliers.com E: robert.bird@colliers.com
$0 *RevPAR - Revenue Per Available Room M: +61 412 053 598 M: +61 439 034 033 M: +61 413 615 398 M: +61 419 124 533

Sydney and Melbourne retain first and Darwin and Brisbane weakest Colliers International does not give any warranty in relation to the accuracy of the information contained herein. If you intend to rely on this information, you must take note that the information, figures and
TRENDS projections have been provided by various sources and have not been verified by us. We have no belief one way or another in relation to the accuracy of such information, figures and projections. Colliers
second ranking in RevPAR. performing markets in terms of RevPAR. International will not be liable for any loss or damage resulting from any statement, figure, calculation or any other information that you rely upon that is contained in this material. COPYRIGHT – 2018.