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Hotel Occupancy Stable Despite Cost of Living Pressure
Hotel Occupancy Stable Despite Cost of Living Pressure
11 November 2024: The nation’s peak accommodation body said new data shows hotel stays were stable in September despite cost-of-living pressures slowing growth. Accommodation Australia CEO James Goodwin said the latest data market report from STR shows September 2024 occupancy at 72.7% up just 0.6% on September 2023 (72.1%).