Research & Report: Release of Accommodation Monitor
On the 8 November the Australian Accommodation Monitor for the 2018-19 financial year was issued. The data showed the softening of the market with Australia-wide occupancy across all classes of commercial tourism accommodation, down 1.4% to 74% and RevPAR down $3.39 to $138. All states and territories showed a downturn in occupancy and rate, with the exception of ACT which had flat growth in occupancy and rate while Tasmania showed good rate growth. Please click here for further details. Please click here for a copy of the Association media release.
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