Hotel industry enjoys better year - TravelMole


Hotel industry enjoys better year

Thursday, 28 Mar, 2013 0

Australia’s accommodation industry saw a small improvement in 2012, according to figures released by the Australian Bureau of Statistics.

The figures showed occupancy in tourism accommodation businesses increased to 65.8% in 2012, up from 65.3% in 2011.

The industry’s other key performance indicator, revenue per available room (revpar), was $107.99 in 2012, up from $103.83 in 2011.

“The steady improvement in occupancy and revpar is another small step for the accommodation industry on the road to recovery from the global financial crisis,” said Accommodation Association of Australia CEO, Richard Munro.

“The ABS statistics also reflect a slight lift in the level of consumer confidence, which has been lagging in recent years.”

The most improved performances in 2012 were in Queensland, Western Australia and the Northern Territory.

The Australian Capital Territory suffered slight declines in both categories.

Western Australia continues to lead the way on revpar, rising to $131.98 in 2012, an increase of more than $10 on 2011.



 

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Ian Jarrett



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