New Year's Eve pushed Sydney room rates to record-high

ARLINGTON, Va – 14 January 2026 – Highlighted by New Year’s Eve, Sydney’s hotel industry posted record-high monthly average daily rate (ADR), according preliminary December data from CoStar, a leading provider of online real estate marketplaces, information, and analytics in the property markets.

December 2025 (year-over-year % change):

• Occupancy: 81.3% (+3.2%)
• ADR: AUD349.06 (+11.1%)
• RevPAR: AUD283.68 (+14.7%)

In addition to the ADR record, RevPAR was the highest for any December in the market. 

On the final night of the year, occupancy reached 95.4%, and ADR and RevPAR climbed to AUD 1,009.10 and AUD962.95, respectively. Those were the highest ADR and RevPAR figures on record in the market and the first time ADR surpassed the AUD 1,000 mark.

The month’s second highest occupancy (93.3%) was seen on the night of Jimmy Barnes’ performance at the Sydney Opera House–Wednesday, 10 December. The same night pushed the market’s ADR and RevPAR to AUD326.09 and AUD306.11, respectively.

Sydney also hosted two Lady Gaga concerts on her "The MAYHEM Ball" tour on 12-13 December, which pushed occupancy to 89.4% on the first night. ADR and RevPAR peaked on the night of the second concert, at AUD379.65 and AUD333.57, respectively.

Overall, Sydney’s occupancy levels remained above the 70% mark in all but five days during the month. 

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 90,000 properties and 11.8 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

News Media Contact
Karolina Capova
Senior Media Relations Specialist
kcapova@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; Homes.com, the fastest-growing residential real estate marketplace; and Domain, one of Australia’s leading property marketplaces. 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 143 million average monthly unique visitors in the third 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.