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A Brief Overview of the Australian Hospitality Sector

Recent History of the Australian Hospitality Sector The Australian accommodation sector comprises a total of some 4,300 hotels, motels, guesthouses and serviced apartments, with just over 225,000 rooms (excluding premises with less than 15 rooms). The majority of these properties are small, unbranded businesses in regional Australia, mostly in the...
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Capital city hotels hold up well under weak conditions

Herald Sun, 23 November 2011 Capital city hotels are defying the weak conditions in Australia’s tourism industry caused by the high Australian dollar and uncertain economic outlook, according to new research. A report released yesterday by consultancy group Deloitte says Australia’s tourism sector has suffered a double-whammy at the hands...
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Hotels in CBD defy tourism drop-off

The Courier-Mail, 23 November 2011 Capital city hotels are defying the weak conditions in Australia’s tourism industry caused by the high Australian dollar and uncertain economic outlook, new research reveals. A report released yesterday by consultancy group Deloitte says Australia’s tourism sector has suffered a double whammy at the hands...
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Hoteliers cash in on business travellers

Australian Financial Review, 22 November 2011   The strong business travel market is driving a surge in demand for city accommodation, prompting hoteliers to increase room rates in Perth by at least 11 per cent this year. “Business travel demand is up, and the gains on that front have been...
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Outlook cloudy for hotel room rate growth

Australian Financial Review, 22 August 2011   City hotels might be full but hoteliers are downgrading forecasts for room rate rises, citing tougher economic conditions. Softening global markets are hampering the accommodation sector, which until now had been showing signs of good rate growth, according to the Deloitte Hotel Market...
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Bright side of the tourism trade

The Australian, 24 June 2011 After being in charge of one of the nation’s fastest-growing businesses for years, you could forgive the bosses at online accommodation site Wotif.com for cursing recent events that have hurt profits. Floods and cyclones in Queensland, an earthquake in New Zealand and the Japanese tsunami...
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Cost of a room for the night to climb

Australian Financial Review, 24 May 2011 Business and conference travel might be back in the corporate diary, but executives are starting to pay a lot more to bed down at night. And it’s likely to get worse, particularly in resource-rich Western Australia. Room rates and occupancies in Perth are predicted...
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Ready with the ‘no vacancy’ signs

Australian Financial Review, 03 March 2011 Australia’s major hotel owners are expected to hold on to their assets this year, as they prepare to benefit from a large increase in occupancy and room rates. Jones Lang LaSalle Hotels, in its Top Hotel Owner and Operator report, says it expects few...
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Australia’s Hotels fill up again

The Australian, 10 February 2011   Hotel occupancy in Australia’s major cities is returning to the levels preceding the global financial crisis, according to the Deloitte Hotel Market Outlook report released yesterday. Australian hotels were on track to record room occupancy levels of 65.6 per cent by the end of...
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