Blue Swan Daily – 18th June 2019
The start of 2019 has delivered hotel rate reductions across many cities across Australia, new research from FCM travel solutions has revealed.
However, it is a very different story across the Tasman in New Zealand where there were significant rises at two of its major city hubs.
The first quarter rate trends for 2019, according to FCM’s specialist consulting division 4D, indicate business travellers would have paid less on average per night for accommodation in numerous cities across Australia.
Comparing average room rates in the first quarter of 2019 to the same period in 2018, the results point to an average room rate drop of -2.3% for the quarter across Australia, falling on average by around AUD5 to AUD190. Read more…
