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Article: Fed: Hotel occupancy rates slump
- Article from:
- AAP General News (Australia)
- Article date:
- May 18, 2003
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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Fed: Hotel occupancy rates slump
Hotel occupancy rates across the country have continued to slump
with no immediate
recovery in sight.
The latest Australian Hotels Association survey of occupancy rates
has found the national
average occupancy level for April was 65.7 per cent -- down 7 per
cent from March.
The average room rate was also down more than $7 to $135.
Association executive director RICHARD MULCAHY says the association
isn't yet panicking.
New South Wales ...