Australia's Boutique Hotel Boom Continues
Skift Take
- China Hotel RevPAR: China Hotel RevPAR increased by 44% YoY for the week, but compared to the same week in 2019, it was down by -5.9%.
- Macau Hotel Occupancy: Macau's hotel occupancy rate in May rose by 44.6 percentage points YoY, reaching 78.9%. Three-star hotels had an 81% occupancy rate, while five-star hotels reached 79%.
- Boutique Hotel Market in Australia: Australia's boutique hotel market is experiencing growth due to a travel evolution sparked by the pandemic. Boutique properties outperformed international hotels in occupancy, ADR, and RevPAR, driven by domestic, leisure-based tourism.
STR reported China Hotel RevPAR data for the week ended June 24. China Hotel RevPAR was up 44% year over year for the week. When compared to that week in 2019, RevPAR was down -5.9%.
Macau’s hotel occupancy rate rose by 44.6 percentage points year over year in May to reach 78.9%. The occupancy rate of three-star hotels reached 81% and five-star hotels reached 79%. There were a total of 130 hotel establishments providing accommodation services in May, up 9 over the same month in 2022. The number of people staying in Macau hotels rose by 140% year on year to 1,104,000, up slightly from April. 793,000 were from Mainland China. The average daily rate for a five-star hotel room in May was MOP1,482.4 (US$183.8), 90% of the rate in May 2019. For the three- to five-star category, average rate was 96% of May 2019 at MOP1,317.1. Of the 1,104,000, 590,000 chose to stay in a five star hotel. The average occupancy rate for hotel establishments in Macau for the first five mon
