Sunday 5 November 2023

STRONG FUTURE FOR HOTEL MARKET

An Accommodation Australia NSW panel discussion has confirmed domestic tourism has mostly returned to pre-pandemic levels, with international visitor arrivals continuing to climb each month.

Accommodation Australia NSW Manager Stacey McBride said. “It was fantastic to hear from experts such as Taylor O’Brien from JLL Hotels and Hospitality Group, who confirmed a continued strong recovery in visitation over the short-to-medium term with Sydney and Melbourne markets expected to be the major beneficiaries." 

STR’s Matthew Burke said forward occupancy was consistently running ahead in comparison to last year, with Sydney anticipated to be the strongest market.
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