Friday, 29 September 2023

NSW CELEBRATES HOTEL BOOM WORTH BILLIONS

W Hotel
NSW is riding a post-pandemic hotel building boom, with 3784 new rooms and 57 openings in the state since the end of 2020.

STR data shows there are 2923 new rooms in Sydney, with the latest additions including W Sydney, which will officially open on October 12. It follows Marriott International opening Moxy at the airport precinct last month and the new Citadines Walker opening this month in North Sydney.

Accommodation Australia CEO Michael Johnson said: “In Sydney the opening of the long-awaited W Hotel next month will be the 34th hotel to open since 2020. There have been 57 new hotel openings in NSW over that period - 15 in suburbs surrounding Sydney and nine in the regions. Great news for the sector and for the travelling public looking for choice."

Mr Johnson told the Sydney Morning Herald the hotel boom was being driven by several key factors, including Australia regaining Approved Destination Status for China and the industry reporting a move away from short-stay accommodation back to hotels.

“Customers know what they are getting with hotels, there are no hidden fees for cleaning or garbage or linen,” he said.

“Our members in the regions have also been saying customers are turning off short-term accommodation because it is taking away houses for locals trying to rent, and hotels are giving jobs to locals and contributing to the economy.

“Much like the retail sector, consumers want an experience, and they want to be pampered. They would like to order room service, enjoy a variety of restaurants including buffet breakfasts, a nice lobby and a concierge instead of having to clean up after yourself when you leave.”

*Destination NSW

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