According to the STR Destination Report, hotel occupancy on the Gold Coast rose to 83.4% in January, with the region’s accommodation industry reporting one of the best-ever starts to a year.
The 2018 January occupancy rate was up 2.9% from last year to 83.4%, while revenue-per-available-room (RevPAR) was $200.90 per night and the average daily rate (based on all rooms) was $240.90, both higher than state capitals.
Gold Coast tourism CEO Martin Winter said: “Many of our industry members are telling us they have experienced one of their busiest summers ever, so the figures seem to be painting a similar picture. What is very encouraging is that the Gold Coast has outperformed most other destinations in terms of occupancy and room rate. It shows the appeal of the destination and the hard work and energy of our industry.”
Gold Coast is currently gearing up to host the Commonwealth Games this April, which is predicted to deliver an economic boost of $2bn and a global audience of 1.5bn tuning in.