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Hotel room prices rise despite falling dollar

Despite the falling dollar, travellers continue to pay rising prices to stay in the nation's hotels.
By · 11 Sep 2013
By ·
11 Sep 2013
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Despite the falling dollar, travellers continue to pay rising prices to stay in the nation's hotels.

The Hotels.com hotel price index survey found guests paid 4 per cent more for accommodation in the first six months of 2013 than at the same time last year. It now costs $171 per room, nationally.

But operators are tipped to experience a boost in demand both domestically and internationally as the effect of the softening dollars flows through more fully in the second half of the year.

"Despite these modest results from a hotel price perspective, the outlook remains positive as hoteliers focus on taking advantage of the thriving outbound markets of the region's growing economies," Johan Svanstrom, vice-president of Hotels.com Asia Pacific, said. The price index identified New Zealand, China, the US and Britain as the fastest-growing inbound market.

In Sydney, room rates rose 9 per cent to hit $190 per night. They increased 4 per cent in Melbourne to $163, and fell 1 per cent to $168 in Brisbane.

With the slackening of the mining boom, Perth witnessed a 5 per cent decline to $200. The Whitsunday Islands was the most expensive location at $254 a night.
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