SYDNEY · NSW

Service Overview

The Rocks1-Bedroom Apartment with Sofa BedUnlocking More Value in The Rocks

Service Details

The Rocks
1-Bedroom Apartment with Sofa Bed

Unlocking More Value in The Rocks

Reporting period: 1 Jan – 31 Dec 2025

Gross revenue: A$98,001
Occupancy: 88.0%
Average daily rate (base): A$270
Booked nights: 312
Booking channels: Airbnb, Vrbo and more

01 / THE BRIEF
A Strong Performer with More Potential

This apartment in Sydney’s historic Rocks precinct was previously managed by an onsite operator. Although booking performance was strong, the owner found that high management fees left them with a disappointing share of the income. They moved to Hostrelax with a clear priority: improving the value they received from their investment.

02 / OUR APPROACH
More Flexibility, Broader Reach

We added a sofa bed to accommodate additional guests and make the apartment suitable for a wider range of travellers. We also introduced the property to Airbnb, Vrbo and other holiday rental channels, expanding its reach beyond traditional hotel booking platforms.

Alongside these changes, we introduced an optional paid luggage storage service, adding convenience for guests and another source of service income.

03 / THE OUTCOME
A$98,001 in Annual Gross Revenue

In 2025, the apartment recorded A$98,001 in gross revenue, with 312 booked nights, 88.0% occupancy and a base average daily rate of A$270.

These results demonstrate strong accommodation performance under Hostrelax’s management, alongside an operating approach focused on broader distribution, flexible sleeping arrangements and additional guest services.

04 / GUEST EXPERIENCE
Explore More, Carry Less

For visitors exploring The Rocks and Sydney’s harbour precinct, luggage storage offers practical convenience around their stay. Providing this optional paid service helped improve guest satisfaction while creating an additional revenue opportunity.

It is a simple example of how thoughtful services can benefit both the guest experience and the overall operation.

About These Figures

Performance figures are sourced from Hostify for 1 January to 31 December 2025. Gross revenue does not represent the owner’s net return. Occupancy and base average daily rate follow Hostify’s reporting definitions. Luggage storage income has not been separately quantified, and its inclusion in the reported gross revenue has not been confirmed.

 

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