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million Chinese tourists entered Australia each year before the pandemic (Statista). In this article, we’ll take a look at some key statistics about the market in general, and the situation regarding our recovery from the pandemic. Thankfully, the industry is now on the up, transforming for the better.
NB: This is an article from Parclane The concept is simple, albeit impactful for the industry; after 2+ years of pandemic-related restrictions, travelers are eager to make up for lost time and canceled trips. At the same time, brands can fortify their position within these optimistic marketforecasts by prioritizing flexibility.
He has also authored three reference books on hotel investing and has published more than 300 articles. He developed hotel market analysis & valuation software used by HVS and thousands of hotel consultants, owners and lenders throughout the world.
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