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Occupancy rates for April 2018 were higher compared to April 2017, up 4.5 percentage points (pp) to 72%. A 7.6% increase in demand combined with an increase in room rates (up 1.0%) contributed to an 8.0% rise in revenue per available room (RevPAR) to $93. Room supply at the end of the month was 5,463 rooms. This was up by 84 rooms compared to April 2017, with one new establishment added.
The year ending (YE) April 2018 results reflect an overall increase in the average annual occupancy rate, up 5.4pp to 75% compared to the YE April 2017. This result was driven by an increase in demand, as the overall number of room nights sold increased by 13% to 1.48 million.

The growth in both demand and occupancy rates for April 2018 also resulted in a small increase to daily rates of $1.30 to $129. In addition, RevPAR went up by 8.0% (or $6.80) to $93 for April 2018. The daily rate and RevPAR for the YE April 2018 were $145 (up 0.2%) and $111 (up 7.0%) respectively.

Daily room rates in April 2018 were lower than 2015 and 2016, but were comparable to rates in 2017. Occupancy rates were higher in 2018 than in 2016 with rates being similar to those in 2016 during the weekdays but higher during the weekend. RevPar was higher in 2018 compared to the previous year, with the exceptions on Friday where RevPar was higher in 2017 and Saturday where RevPar was the same. RevPar was also higher in 2018 compared to 2016; but lower than RevPar in 2015.
Average Room Rate has been increasing year on year since November 2016 and continues to remain strong. Strong demand has continued to push occupancy levels higher with occupancy during the wet season remaining higher than 2017.
The data in this report is sourced from STR and is collected from a sample of 24 hotels with 10 or more rooms in Darwin. Data is collected daily and collated to represent the industry and includes data for leisure, business and other purposes of travel. This sample represents 59% of the establishments in Darwin and 72% of the room supply.

Note: The total Darwin sample size increased in December 2015. Changes in data since December 2015 means that reports produced before December 2015 should not be compared to reports from December 2015 onwards. All data has been backdated to include the new sample in historic data and the reports are now a broader representation of the accommodation market in Darwin.
Disclaimer: The Department of Tourism and Culture has taken due care and skill in preparing this information, however does not warrant that it is correct or suitable for the purpose for which it is intended to be used. The Department disclaims all liability associated with the use of this information.
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