Mixed picture for hotel room rates

Mixed picture for hotel room rates
By admin

Properties in New South Wales and Queensland are pulling in higher room rates, but Victoria and Tasmania remain a concern, according to the Accommodation Association of Australia (AAA).

The AAA said revenue per available room (Revpar) Australia-wide in the September quarter climbed from $105.60 in 2011 to almost $110.

AAA chief executive Richard Munro highlighted improvements in NSW and Queensland as "significant".

"While most parts of Australia which are traditionally strong performers, such as WA and the Northern Territory have again showed growth in Revpar for the September quarter, it is particularly positive that there has been significant growth in NSW, Queensland and to a lesser extent, South Australia," he said.

Given general hesitancy surrounding discretionary spend, the increase was encouraging, Munro added.

But the picture was mixed. Revpar in Victoria and Tasmania was flat with Victoria slipping to the third lowest revpar in the country.

"It's more evidence that significant short term challenges remain for the accommodation industry in some parts of Australia," Munro said.

Occupancy in the September 2012 quarter hit 66.9%, a marginal rise of 0.1% on the same period in 2011.

The only significant change was in the ACT where occupancy fell almost 5%.

Email the Travel Weekly team at traveldesk@travelweekly.com.au

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