Tourism economy

In December 2020, the occupancy rate of Australian hotels will be between 33% and 56% From STR

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The following is the In December 2020, the occupancy rate of Australian hotels will be between 33% and 56% From STR recommended by recordtrend.com. And this article belongs to the classification: Tourism economy.

Australia is a vast country with different restrictions and influences on hotels. Victoria, the epicenter of Australia’s second wave of outbreaks, was closed for 111 days until the end of October, while other States relaxed restrictions and tourism and demand picked up. In Melbourne, the capital of Victoria, tourist occupancy has been far lower than in the rest of the country since June.

As of December 7, Australia’s occupancy rate in December has been between 33% and 56%. The highest occupancy rates were in the next seven days and the last few days, indicating strong demand for hotel accommodation ahead of new year’s Eve and the boxing day cricket test between Australia and India (December 26-30).

In Melbourne, occupancy was below the national level until mid January.

The impact of deregulation and travel is best illustrated in Melbourne’s average occupancy over the next 14 and 90 days. From October, with the relaxation of the first batch of restrictions, the occupancy rate began to rise and continued to the new platform period every week, with 22% for 90 day windows and 34% for 14 day windows. The Australian Open has been postponed from January to February. As the business travel booking window in February will not open until mid January, we may not see a further increase in the average occupancy rate for some time. This timetable depends on the openness of the internal boundaries and the absence of COVID-19 in the community.

Like a raging fire, novel coronavirus pneumonia has been seen in most parts of Australia. Prospective data show a warning that hotel demand is still affected by the uncertainty of new crown pneumonia. More reading: STR: Asia Pacific and China tourism performance review and outlook STR: Hong Kong Hotels’ revenue per saleable room in 2015 decreased by – 12.6% year on year National Bureau of Statistics: in 2017, the added value of national tourism and related industries was 3721 billion yuan verto: most of the high viscosity tourism services in the United States came from technology giant Ogilvy Mae: Asian luxury tourism industry trend report sojern: 2018 tourism destination marketing guide World Tourism Organization: 2015 Global Tourism Report (with full version) ACSI: American Airlines satisfaction index rose to 10 China CITIC: in depth study on OTA tourism and leisure service industry in 2019

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