Bradley Speers CBRE Hotels Head of Research

Canberra's development of a light rail and new mixed-use precincts is expected to drive visitation to the nation's capital going forward following a disrupted 2019 for city's hotel market, CBRE says.

An increase in tourist volume has not been enough to stop Sydney's hotels from recording a drop in revenue per available room and average daily rate in 2019, according to a CBRE report.