Last week’s national survey, The Australian Accommodation Monitor (AAM), revealed more travellers are checking into our country’s hotels, motels and resorts.
And who could blame them, really? We have a pretty awesome country.
The AAM measures and tracks the performance of the Australian accommodation industry, and is delivered by the Turnbull Government in partnership with global data analytics company STR, providing the industry with year-on-year analysis of occupancy rates and business takings across Australia.
The AAM showed occupancy rates averaging at 75 per cent in the 2016/2017 financial year, an increase of 0.5 per cent on 2015 /2016.
Accommodation takings also increased, with revenue per available room averaging at $139 per night, 1.6 per cent higher over the same period.
Travellers appeared to have an appetite for high-end offerings, as luxury and upper scale properties were popular with an 81 per cent occupancy rate, $204 revenue per available room and an average rate of $253 a night for visitors.
Properties in Australia’s major cities performed strongly, with an average occupancy rate of almost 80 per cent for state and territory capitals, and a growth in supply mainly seen in Perth, Brisbane and Sydney.
Revenue per available room in Sydney continued to climb reaching $192, and an average daily rate of $225.
Canberra, Adelaide and Hobart saw high growth through increased demand and higher occupancy rates.
The next results for 2017-18 will be published in October 2018.