Room rates to rise in 2014

Room rates to rise in 2014
By admin


Room rates across Australia are set to rise next year as the corporate and government travel markets show signs of growth, according to Accor.

Research by STR Global shows that occupancy rates in key cities have been strong over the last 12 months, with Sydney averaging 85.2% and Melbourne 83.7%. On the back of those strong figures, rates are expected to rise between 7% and 10% in Sydney, and around 7% in Melbourne and Perth. Those in Adelaide, Canberra and Brisbane are forecast to rise between 3% and 5%.

“Australian travellers have had a good run in recent years, with excellent rates on offer, but now that the election is over we are expecting a re-commencement of some resource projects and increased government travel,” Simon McGrath, chief operating officer Accor Pacific said.

“Our corporate clients are also telling us that 2014 will see more hectic travel schedules as confidence is on the rise, which is a great sign for the industry.”

He also reported a trend for business travel buyers becoming “increasingly strategic” with their hotel programs with national and global deals playing a greater role. That trend is likely to increase in 2014, he added.

Latest News

  • Destinations
  • News

APT Launches 2025 Asia Adventures

APT has launched its Asia Adventures for 2025, including new luxury holidays in India, Sri Lanka and Japan. Five new tours lead guests to the highlights of India, including a seven-night cruise along the rarely travelled Lower Ganges aboard the Ganges Voyager. Further south, Sri Lanka’s greatest destinations are revealed on a new 15-day Land […]

  • Cruise
  • Luxury
  • News

Seabourn announces Western Kimberley Traditional Owners as Godparents of Seabourn Pursuit

Seabourn has named Western Kimberley Traditional Owners, the Wunambal Gaambera, as Godparents of the ultra-luxury purpose-built Seabourn Pursuit. It is the first cruise line to appoint Traditional Owners as godparents of a ship. Seabourn Pursuit embarks on its inaugural season in the Kimberley region this June. The naming ceremony will take place on Seabourn Pursuit’s […]

  • Luxury

Malolo Island Resort opens brand new Spa

Fiji’s Malolo Island has added another string to its bow – opening its $1.3 million day spa on Thursday, 18th April 2024. (Lead Image: matriarch Rosie Whitton with spa staff) Located at the edge of the resort’s luscious patch of tropical rainforest, the new “Leilani’s Spa” adds another level of elevated experiences to Malolo’s already […]