Global Power | Local Knowledge | Uniquely Personal
All Articles News FAQs Videos
中文

Room occupancy rates increased

There was an increase in the last quarter of 2010 in the number of rooms available in Australian tourist accommodation venues, figures have shown.

Room occupancy rates at Australian tourist accommodation increased in the September quarter of 2010, suggesting that more people are visiting the country.

Figures from the Australian Bureau of Statistics (ABS) show that, in seasonally adjusted terms, room occupancy rate in this type of Australian property was 64 per cent in the June quarter of 2010, rising to 64.7 per cent over the following three months.

The 64.7 per cent recorded in the September quarter is 2.7 per cent higher than the rate witnessed in the same three months of 2009.

In terms of the amount of money made at tourist accommodation venues, the turnover for the June quarter was $2,008,200 (£1,290,364), which rose by 1.7 per cent to $2,041,700 in the following quarter.

This was also an increase of 8.3 per cent on the money made in the last quarter of 2009.

However, figures last month from the ABS showed that fewer people visited Australia in October than did in September.

Posted by Ravin Chatlani

- property, tourim, room, travel

DISCLAIMER: All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

COPYRIGHT: All information provided is protected by international copyright laws. You may not copy, reproduce, distribute, publish, display, perform, modify, create derivative works, transmit, or in any way exploit any such content, nor may you distribute any part of this content over any network. Copying or storing any content is expressly prohibited without prior written permission of SMATS Group or the copyright holder identified in the individual content's copyright notice. For permission to use the content on please contact info@smats.net.

中文

Subscribe Now