No room at the inn - Perth tops global hotel occupancy index

Wednesday, 7 May, 2008 - 09:55

Record high occupancy rates among Perth hotels has seen it elevated to top ranking on Deloitte's 2007 global occupancy ranking index.
According to the Deloitte Global Performance Review report, Perth recorded a 10 per cent increase in occupancy since 2000, posting a high 85.1 per cent occupancy rate for 2007.
Panama came in at number two on the global occupancy index with 84.7 per cent occupancy, with Dubai third at 84.5 per cent.
Other Australian cities to make the top 20 in global occupancy ranking index were Brisbane, at number 4, Melbourne, at number 9, and Sydney and Adelaide at 13 and 14 respectively.
The report said Perth's occupancy performance was the best for some years, and with no major hotel developments underway business should remain excellent for the city's hoteliers.
European cities dominated the top spots on the revenue per available room index table, with Syndey the only Australian city to appear in the top 20 despite all major Australian cities recording double digit RevPAR growth that year.