Gold Coast hotel market boom ahead of Commonwealth Games
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Gold Coast hotel market boom ahead of Commonwealth Games
In the lead up to the 2018 Commonwealth Games, the Gold Coast accommodation industry has experienced one of its best starts to the year with hotel occupancy rising to 83.4% in January.
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Tourism AustraliaGold Coast hotel market boom ahead of Commonwealth Games -
Tourism AustraliaGold Coast hotel market boom ahead of Commonwealth Games
Hotel occupancy rose to 83.4% in January for Gold Coast, according to the industry-wide STR Destination Report.
Gold Coast tourism CEO Martin Winter said it was pleasing to see such a strong first month, coming off some favourable visitation figures late last year.
“Many of our industry members are telling us they have experienced one of their busiest summers ever, so the figures seem to be painting a similar picture,” he said.
“What is very encouraging is that the Gold Coast has outperformed most other destinations in terms of occupancy and room rate.
“It shows the appeal of the destination and the hard work and energy of our industry.” The 2018 January occupancy rate was up 2.9% from last year to 83.4%.
The Gold Coast January revenue-per-available-room (RevPAR) was $200.90 per night and the average daily rate (based on all rooms) was $240.90, both higher than state capitals.
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