Occupancy down in key Australian hotel markets: ABS

September quarter ABS figures show hotel vacancy is, on a national basis, rising.

Only Perth and Darwin recorded occupancy growth in year to September 2008.

Hobart was near-steady.

The latest results show Australia’s 10 key hotel markets have experienced some degree of room rate growth.

The standout markets – again Perth and Darwin, with Canberra – saw accommodation providers able to rise fees by a double digit percentage.

Occupancy for the year to September 2008:

Darwin: up 4.1pc to 76.3pc

Perth: up 0.4pc to 83pc

Hobart: steady, 72.4pc

Sydney, 0.2pc decline, to 81.4pc

Melbourne, 0.2pc drop to 80.9pc

Brisbane, down 2.8pc to 79.1pc

Gold Coast, a fall of 2.1pc to 68.6pc

Cairns: a 5.5pc decline to 63pc.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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