Return to our Home page Search
Click here for the hotel and hospitality news from around the globe Hotel, Travel and Hospitality Articles Videos and in-depth Interviews
Read more now
Read more now
Read more now
Read more now
No end in sight to Australia's hot hotel market.
Sunday, 10th August 2014
Source : Martin Kelly
Demand for Australian hotel rooms will grow at double the speed of supply over the next three years, propelling room rates into record territory, according to Deloitte Access Economics.

Its latest tourism and hotel industry outlook says, "the national average occupancy is set to add almost two points, approaching 70% by Dec 2016.

"This would mean a five percentage point growth in Australian hotel occupancies in as many years."

The report says the Australian hotel investment pipeline remains steady with 70 medium term projects totalling 9900 rooms in the next three years.

Full story

Visit Unplugged Collection
 Latest News  (Click title to read article)

 Latest Articles  (Click title to read)

 Most Read Articles  (Click title to read)

~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.

© Copyright 4Hoteliers 2001-2017 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here

Use of this web site is subject to our
terms & conditions of service and privacy policy