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Australian Hotel Market Maintains Positive Outlook Despite Domestic Visitor Declines

In Brief: Despite a decrease in local tourism, the Australian hotel industry remains optimistic, maintaining a positive forecast for the sector’s future. Australian Hotel Market Maintains Positive Outlook Despite Domestic Visitor Declines – Image Credit Unsplash+    The Australian hotel market is expected to maintain a positive long-term outlook through 2025 and beyond, despite recent declines in domestic visitor nights and ongoing supply challenges in certain cities, with international arrivals and RevPAR growth providing key support.Overview of the Australian Hotel Market OutlookThe latest report from Horwath HTL provides an analysis of ten key city hotel markets in Australia, projecting performance through…

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