International visitor numbers up, domestic travel up, national hotel performance up - and a positive hotel outlook are some of the key takeaways from Deloitte's first 2018 edition of their Tourism and Hotel Market Outlook.
Hotel property sector is outperforming all other property classes
The Australian tourism industry is growing at more than double the rate of the Australian economy with the Deloitte Tourism-Hotel Outlook 2017 reporting national hotel room revenue hit $27 million a night in 2016, raking in $9.8 billion over the year.
Deloitte releases Tourism and Hotel Market Outlook report
Deloitte’s Tourism and Hotel Market Outlook provides insight and analysis of the trends and issues confronting the Australian tourism and hotel sectors.