Queensland Hotel Snapshot Q3 2020

Kyle Newbery • 05/11/2020

Queensland Hotel Snapshot - Q3 2020

The hotel and short-term accommodation market in Queensland continues to recover from the earlier effects of the shutdowns and restrictions on movement caused by the COVID-19 pandemic. According to data recently released by STR for September 2020, the major Queensland accommodation markets of Brisbane, Gold Coast and Cairns continue to experience increased Occupancy and Average Daily Rates (ADR), albeit from a low base.

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Insights • Valuation

Strong Demand Dominating the Australian Commercial Property Sector

The team at Cushman & Wakefield Valuation and Advisory have compiled a summary of key 2018/2019 institutional transactions across the Sydney CBD, North Sydney and Metropolitan commercial markets.