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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

MARCH 23, 2023

in 2023 (IBISWorld). The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 From 2018-2023, the industry within Australia declined by 4.9% are 45-54; and 13.6%

Travel and Tourism 130
Travel and Tourism Book POS Systems Market Forecasting 130
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7 Trends Will Change How Hotels Handle Groups and Events Business

Revenue Hub

MAY 11, 2023

Bullish Forecasts According to Knowland, groups and meetings business is forecasted to recover to 106.4% of 2019 levels in 2023, and Amadeus reports that 64% of event professionals say their spending increased this year. Based on its Meeting Recovery Forecast , overall meeting volume will surpass 2019 levels in mid-2023.

Events 86
Events Pricing Catering Book 86
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