Sydney Hotel Demand Up 18%

PR

With events booming, hotels in Sydney are under demand with rates and occupancy going up.

As Sydney prepares to host Coldplay’s highly anticipated Music of the Spheres Tour concerts at Accor Stadium next week, hotels across Greater Sydney are experiencing a surge in bookings.

Booking demand across Sydney hotels has risen by 18% (10.7 occupancy points) over the concert dates compared to last year.  

Over the four concerts at Accor Stadium between 6-10 November, Coldplay’s Music of the Spheres Tour is set to captivate an audience of more than 300,000 fans and recently made history as the highest-grossing rock tour ever. It became the first rock tour – and only the second after Taylor Swift’s The Eras Tour – to surpass $1 billion in revenue. 

Data reveals that fans are booking further in advance to secure their preferred accommodation. On average, bookings were made 90 days in advance, marking a 140% increase from the previous year.

Similar to Sydney, hotels in Melbourne and Auckland have experienced a significant increase in bookings over Coldplay’s concert dates. Melbourne hotels are currently holding 5% more bookings (+2.9 occupancy points) over the concert dates, with Auckland seeing an increase of more than 14% (+9.2 occupancy points), when compared to the previous year.

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