Hotel analyst Dean Dransfield believes revPAR growth for the overall Australian market will exceed 5% this year, though some destinations will fail to meet earlier growth forecasts. “Australia’s hotel market is likely to continue to perform well in the short term despite scope for volatility. Some uncertainty remains related to recovery from recent natural disasters, ongoing economic concerns and Tiger Airways.” Cairns, Adelaide and Gold Coast are likely to be the markets under most pressure. Sydney, Perth, Melbourne, Darwin and Brisbane are all expected to do well.
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