Syd hotel rates up

Syd hotel rates up

SYDNEY’S average hotel rate (ARR) was up nearly 9% in Q2 2017, despite an overall occupancy drop to 83.9%.

According to 4th Dimension analysis, Sydney visitors are unlikely to see a price reprieve in the short term due to an underlying supply issue.

Perth’s ARR dropped 7.7% while Brisbane and Melbourne showed respective decreases of 2.3% and 1.9% during the same period.

The post Syd hotel rates up appeared first on Travel Daily.

Source: traveldaily