"Sydney's high occupancy levels illustrative of strong underlying demand" - Knight Frank
According to leading hotel researcher STR Global, Sydney hotels currently enjoy occupancy of over 85%, the highest out of all major cities in Australia. This has largely been underpinned by strong demand for quality accommodation from tourists and business travellers.
"Sydney accommodation market performs well in 2018" - HTL Property
It has been an exciting year for the Sydney accommodation market, heavily spurred on by favourable tourism numbers that translated into a positive 2018 performance, according to HTL Property's latest ‘Spotlight On’ report.