Hopes for a Better year for the Accommodation Sector

Hopes for a Better year for the Accommodation Sector

30 January 2025:  Peak industry body, Accommodation Australia, hopes solid occupancy figures during the holiday season will signal a better year for a sector hampered by a disappointing number of international tourists and increasing cost of living pressures.  For the year to December 2024, hotel occupancy rate was 71.3% compared with 69.5% in 2023 - an overall increase of just 1.8 percentage points.