Occupancy Levels Dip Across Most Australian States: ABS

NATURAL disasters in key markets, a strong $A encouraging Australians to travel overseas, and prospective visitors seeking cheaper destinations, have contributed to a slowdown in the country’s tourist accommodation sector.

According to new research issued by the Australian Bureau of Statistics, occupancy in the hotel, motel and serviced apartment sector has dropped in many states, with the lowest rate (51.8 per cent) reported in the Northern Territory.

Tasmania performed best with an occupancy rate of 72.5 per cent in the March quarter. It was followed by the ACT (70.4 per cent) and NSW (67.8 per cent).

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