GLOBAL hotel room rates have slumped to their lowest levels in six years, according to latest Hotels.com Hotel Price Index. Asia-Pacific is the only exception with prices 17% of ahead of 2004 but still way short of the 2008 peak. The past 12 months have been generally flat on a regional level with only Sydney, […]
Tag: Analysis
Special Report – short term rentals bounce back
It was like a car smash in which the driver and passengers were battered and bruised but managed to escape the wreck, hobbling away with a new resolve to make the most of every day – because you never know what will happen next. I’m referring to COVID, of course, which hit the Australian travel […]