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Accommodation Australia CEO James Goodwin is hopeful of a busy holiday period for hotels despite cost-of-living pressures. STR’s latest data market report shows September 2024 occupancy was stable despite slowing growth, standing at 72.7% Year-to-date occupancy across the country was at 70.4% up just 0.6% compared to 68.7%
Nearly six months on from the formation of Accommodation Australia – an amalgamation of the Accommodation Association and TourismAccommodation Australia – CEO Michael Johnson spoke to HM’s Ruth Hogan about what has been achieved this year and what’s top of the agenda for 2024. I think it definitely has.
As the official accommodation partner of the NRL and NRLW, Accor is welcoming thousands of visitors, fans and media at its Sofitel, Pullman, The Sebel, Novotel, Mantra, Mercure, and Ibis Styles properties with themed lobby takeovers, pop-up fan zones, match-inspired menus, and in-room surprises.
The New South Wales government has vowed to increase support for tourism, nightlife and major events in the state budget, announced on Tuesday, marking a positive outcome for the hotel sector, according to Accommodation Australia NSW General Manager, Stacey McBride. On the tourism and transport front, AU$5.5
A AU$5 million recovery package aimed at driving visitation to Cairns and Far North Queensland in the wake of the devastating Tropical Cyclone Jasper and recent flooding has been welcomed by peak industry body Accommodation Australia.
Recent data from CoStar shows Auckland experiencing the highest occupancy levels of the three cities, peaking at 84.1% The second highest occupancy on the books (79.1%, +25.5% With the tour already pushing the market’s daily occupancy over the 80% mark, this will be the first time Auckland will see levels this high since July.”
Occupancies are at unparalleled levels over the concert periods, and we have also seen a surge in regional demand as Swifties take the opportunity to travel further. For both the Melbourne and Sydney concerts we’ve seen a bump in hotel occupancy around the event dates, and our restaurants have also seen great reservation numbers.
Following last year’s border reopening, WA’s tourism sector has rebounded rapidly, which is outstanding news for WA’s hoteliers, publicans, restaurateurs, and the tens of thousands of staff they employ,” Woods said. “In The post WA reports record $14 billion tourism spend in 2022 appeared first on Hotel Management.
This years event is expected to draw record fan numbers an bring an increase of up to 10% in Melbourne city hotel room bookings, across main tournament days, according to Accommodation Australia. The occupancy boost is welcome news as hoteliers seek to match a high performing Q1 2024.
Ahead of the inaugural AHICE Fiji Islands Investment in Tourism Summit on July 3-4 , Tourism Fiji CEO, Brent Hill, spoke exclusively to HM about the strong demand for holidays in the South Pacific. Brent Hill, Tourism Fiji Tourism in Fiji is booming! Register now for AHICE Fiji Islands Investment in Tourism Summit.
Victoria’s proposed tourism tax has been deemed “unfair” on hotel guests and likely to impact tourism numbers in the state, according to peak accommodation body Accommodation Australia. Johnson said the government should instead target “the unregulated accommodation sector” to help deal with the rental housing crisis.
The state’s peak accommodation industry body, Accommodation Australia NSW said the strategy presents a “once-in-a-lifetime opportunity for growth”. The post NSW Government targets 40,000 new hotel rooms in $91 billion tourism plan appeared first on Hotel Management.
In fact, concert-goers often flood the local hotel market, with occupancy rates skyrocketing, and hotels seizing the opportunity to increase room rates due to heightened demand. Here’s a closer look at the tangible impact of live concerts on hotel occupancy and the hospitality industry, backed by compelling examples and statistics.
April also marked the first major holiday period following the launch of the Everyone Must Go campaign by Tourism New Zealand, which was created to increase visitation from Australia during the off-peak season. Occupancy in this segment reached close to 78%.
Accommodation Australia NSW General Manager Stacey McBride said major events are essential in bringing much-needed tourists back into the CBD. The NSW visitor economy and accommodation hotels will be some of the main beneficiaries.”
Michael Johnson, CEO of TourismAccommodation Australia and Interim CEO of Accommodation Association said the festival has evolved greatly over the years to become a “demand driver” for hotels. This year, Johnson explained, while there is demand for weekend bookings, occupancy during the week is softer than expected.
Sydney hotels enjoyed a record-breaking weekend, with many reporting occupancy levels of between 90% and 100%, thanks to major events across the city, including four sold-out Taylor Swift concerts. The boost to tourism doesn’t just stop at creating memories – it creates jobs.
The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong. Hotels are generating better revenue.
Despite the slow return of international travellers to Queensland, occupancy levels at Accor’s 96 hotels across the state are surging beyond 2019 occupancy levels thanks to strong domestic travel and the lure of major concerts and events.
The long-term outlook for Australia’s visitor economy remains bright, despite the impact of interest rate rises and lower household savings rates in the near term, but a full recovery may take until 2025, according to Tourism Research Australia’s 2022 State of the Industry report. When it came to Australians travelling overseas, there were 5.2
CBRE’s market analysis found that boutique properties have outperformed ‘big box’ international hotels on occupancy levels, Average Daily Rate (ADR) and Revenue Per Available Room (RevPar) since the onset of the pandemic in 2020.
Ascott acquired the Oakwood portfolio last year Lyf is an accommodation concept targeting next-generation travellers including non-traditional corporates such as digital nomads, start-ups, entrepreneurs and creatives.
A bumper crowd of over 330 leading owners, investors, operators, suppliers and advisors were at the Sofitel Fiji Resort and Spa this week (Jul 3-4) for the 2024 AHICE Fiji Islands Investment in Tourism Summit , where record performance numbers were the talk of the major conference. Tourism in Fiji is booming,” he said.
Crawford said that while the destination has excellent prospects for growth and long-term success, it lacks high-quality accommodation, making it less appealing to affluent travellers. “It It is missing out on the marketing power of international hotel companies,” he said. “In
Going into FY25, ResortBrokers’ market outlook for Queensland is as strong as ever: it remains one of the best places in Australia to buy an accommodation property or business. Inflation, cash rate uncertainty and the housing crisis haven’t changed the fundamental drivers of one of strongest tourism markets in the country.
Incoming NSW tourism boss Stacey McBride said the game has created an uptick in hotel bookings around Western Sydney. “We We are seeing a high number of bookings for accommodation providers located in the vicinity of Olympic Park and hotel capacity right across Sydney is nearing 70%, reflecting a noticeable surge in demand,” she said. “In
It is estimated that the global sports tourism market was $1.1 The hotel industry has quickly recognized the economic potential in aligning itself with sports tourism. As do many sports fans, travel teams and game enthusiasts. trillion in 2023 alone and is projected to reach $2.4 trillion by 2030. That’s trillion with a T.
Maximum Occupancy Australia, one of Australia’s premier hotel and accommodation industry conferences, announced further speakers for 22-23 July. To be held.
Todays travelers are more eco-conscious, seeking accommodations that reflect their values. According to a recent Booking.com survey, 56% of travelers now seek accommodations that embrace eco-friendly practices, and nearly 67% value comfort, stylish designs, and innovative amenities that incentivize repeat visits ( Booking.com ).
AHICE Group President James Wilkinson said the conference will focus on building positive growth in the sector, from improving occupancy and ADR to driving food and beverage revenue. We have our largest number of Australian attendees yet, plus also delegates from England, Singapore, Fiji, Thailand and more flying to Aotearoa for AHICE.
The presentation showed New Zealand’s tourism industry is grappling with a stalled recovery in 2024 with RevPAR YTD August -3.8%, primarily due to a combination of increased supply (+2.7%) and softening demand (+1.4%). All tourism segments will need to surpass pre-pandemic levels to absorb the increased supply in the market.
Domestic tourism definition Domestic tourism’s definition is much the same as domestic travel, except it takes into account only those who are travelling for leisure. Domestic tourism example An example of domestic tourism might be an American family travelling from another state to visit California and stay at Disneyland.
The boutique PR consultancy will specialise in the travel, tourism and hospitality industry, bringing over 20 years of top-level experience to her clients. The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. Following a successful 2.5
The boutique PR consultancy will specialise in the travel, tourism and hospitality industry, bringing over 20 years of top-level experience to her clients. The media coverage directly boosted inquiries, hotel occupancy, and revenue, in Australia’s most competitive hotel market. Following a successful 2.5
“Since hotels differ from other commercial real estate assets, with many continuing to enjoy strong income growth amidst resurgent tourism markets, transaction volumes are expected to reach $2.5 Brisbane – the only market in Australia where occupancies are trending higher than 2019 – is another top performer. billion by end of year.”
The conference – billed as ‘the hotel event where deals get done’ – attracts some of the largest investors and key decision makers in the global accommodation sector, with delegates attending this year from the United States, Europe, the Middle East, and Asia, as well as across Australia.
Clearly, the tourism and hospitality industry saw some positive growth. 8 Essential reasons to Optimize your Hotel’s Booking Engine A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. These top Hospitality Trends can help you prepare for your hotel marketing strategy.
What are tourism trends? Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. Table of contents Why keep up with new trends in tourism?
Did you know that hotel taxes contribute billions of dollars annually to local economies, funding everything from infrastructure projects to tourism promotion? Hotel tax, often referred to as occupancy tax, lodging tax, or tourism tax, is a fee imposed on guests staying at hotels , motels, or other lodging facilities.
Our Queenstown portfolio also offers spectacular Serviced Apartment accommodation and is centrally located just outside of Queenstown itself, with unobstructed views of The Remarkables and Lake Wakatipu. Oaks Queenstown Shores Resort is in the final stage of remediation, with many of our new Premier rooms currently available to book.
occupancy growth. occupancy growth this year. One of the big areas that we’ve seen a massive rise in the industry is the tour operator space, said Claire Steiner, UK Director of Global Travel and Tourism Partnership. But despite all this, were seeing the resilience of hospitality come into its own once again.
Impact of MICE on The Hospitality Industry In the busy world of hospitality, MICE tourism emerges as a powerful catalyst, reshaping the landscape of hotels and accommodations. Driving Occupancy and Revenue One of the most immediate and noticeable impacts of MICE on the hotel industry is occupancy rates and revenue generation.
While the accommodation market has bounced back faster than expected, the real growth in profitability for the sector after accounting for increased costs, strongly points to the fact that the Average Daily Rates (ADR) growth has not been substantial enough to maintain pace with the escalations in construction pricing.
Intellisoftware Pty Ltd, a leading Australian start-up in the Artificial Intelligence (AI) space has today unveiled a new wide-ranging strategic partnership with the Australian Revenue Management Association (ARMA) – a peak industry body active in the hospitality and tourism sectors focused on elevating the standards of revenue and yield management (..)
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