Meetings industry has achieved consistent growth in spend and attendees for the fourth consecutive year, solidifying its value as a business enabler
Sydney hotels reported occupancy dipped 1.7% to 82.8% in September, according to preliminary monthly data from STR. ADR dropped 0.8% to 211.38 Australian dollars ($150.70) and RevPAR decreased 2.5% to AU$174.95 ($124.73).
According to the World Tourism Organization (UNWTO)s latest barometer, international tourist arrivals grew 6% in the first six months of 2018 after a record year of growth in 2017.
According to preliminary September 2018 data from STR, Abu Dhabi's hotels reported occupancy dropped 7.4% to 67.4%, ADR dipped 1.9% to 339.02 Emirati dirhams ($92.31) and RevPAR fell 9.1% to 228.45 Emirati dirhams ($62.21).