Savills Australian Hotel Transaction Review 2025

Hotel occupancy performance has remained a key driver of market recovery during 2025 in the post-COVID period. Hobart recorded a notable improvement in occupancy, increasing from 74% in 2024 to 78% in 2025, with winter occupancy (traditionally a low season for Tasmania) exceeding prior-year levels. This uplift has been supported by growing interest in agritourism, alongside the continued rebound in international visitation. 81% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0% 81% 78% 76% 76% 74% 73% 73% 68% 60% 2023 2024 2025 OCCUPANCY RATE (%) 2023 TO 2025 Darwin Gold Coast Canberra Australia Melbourne Adelaide Brisbane Hobart Perth Sydney Source: STR I SAVILLS AUSTRALIAN HOTEL TRANSACTION REVIEW 29