COVID-19 webinar summary: 5 key points on Pacific hotel performance, 17 July
Knowing you might not have time to watch our full webinars, we are pleased to continue our series of COVID-19 webinar summaries. In this latest edition, we talk performance in the Pacific region.
School holidays impact
Queensland has started to see a progressive occupancy increase during June and July thanks to school holidays (27 June through 12 July). During the first weekend of July, Sunshine Coast posted its highest occupancy levels, 80% on 3 July (Friday) and 86% on 4 July (Saturday).
Occupancy gradually improving as restrictions have eased
Australia’s capital cities are seeing occupancy increases as restrictions have eased. Overall, hotel performance in those cities is still highest over the weekends.
New Zealand: Weekly occupancy continues to climb
Weekly occupancy continues to climb in New Zealand. As we have seen in Australia, New Zealand is also seeing occupancy increases as restrictions have eased.
Christchurch on the rise
Midweek occupancy in the three largest markets in New Zealand is consistently growing. Since the beginning of July, Christchurch has been sitting around a 50% occupancy level on average.
An update on Australia’s occupancy on the books
Forward STAR data for Australia presents a picture of short-lead demand on the books for Australia key markets. The below image includes occupancy on the books for the next 90 days as of 13 July, and further insights are provided in the full webinar recording.
Occupancy-on-the-books intelligence will not only help us all understand when recovery begins, and provide much-needed context, those insights can be accessed for free when you submit your data. If you are interested, please email email@example.com.