Short Stay Tariff & Occupancy Booms
Contributed By: Greg Jorgensen of Management Rights Brokers on
Starting July 2020, in the post Brisbane and SEQ lockdown, we as a population, couldn’t wait to travel. And…. this need-to-travel remains! Short stay operators, on the average, had a rough time of it from March to June last year, with the majority forced to switch rooms from short to long stay. There was simply little choice. Of course, this saw the business bottom lines deflate both significantly and rapidly – mostly within the month of March. Beware the Ides of March as they say! However, that determined need-to-travel-anywhere has seen almost every operator who has reverted partially or wholly back to short stay,Read More →