Despite Australia’s relative success in controlling the spread of COVID-19, the Australian hotel industry was hit hard by the onset of the global pandemic. However, its success in controlling the virus, together with a strong and large domestic travel market, has allowed for a positive return to growth in 2021.
Australia’s two largest markets, Sydney and Melbourne, continue to struggle due to a strong reliance on corporate travel, the events industry and a larger reliance on international source markets, though many other key markets across the country have bounced back to be close to pre-pandemic demand levels.
