A research study examining hotel rates and travel demand across Oceania
The hospitality industries in Australia and New Zealand have battled tough measures throughout the pandemic. With borders open, and travel resuming in the middle months of 2022, there has been a significant turnaround.
Our data shows a broad based recovery in hotel room prices, with some destinations that are home to a classic mix of sun, sea and sand, far exceeding 2019 rate levels, with demand to match.
Despite being in the very early stages of recovery, hoteliers in Australia and New Zealand need to maximise on these opportunities - especially as the longer-term outlook may see a softening of consumer demand due to the realities of inflation and lower GDP growth.
In this report we explore the key room pricing trends across Australia and New Zealand and demonstrate how hoteliers like you can drive business growth.