The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Interested in a Corporate TUD+ Membership? Access premium content, site tours, event discounts and networking opportunities
Interested in a Corporate Membership? Access exclusive member benefits today
Enquire NowEnquire
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Partner Lab
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
2
print
Print
HotelRenee McKeownWed 17 Jun 20

Hotels Make Way for New Arrivals

c6265860-ae52-4c29-ac72-057bd5be6fbc

Prime minister Scott Morrison has urged states to re-open borders in July as domestic and international arrivals fell to record lows.

Initial figures show bookings in the hotel sector have increased dramatically as travel restrictions eased however the trans-Tasman “travel bubble” and some state borders were yet to be re-opened.

Covid-19 has devastated the tourism industry with provisional arrivals falling 98.7 per cent in May compared to last year according to the Australian Bureau of Statistics.

There were only 19,400 overseas arrivals into the country, with Australian or New Zealand citizens accounting for 69 per cent of that total.

Meanwhile companies were forging ahead with trans-Tasman plans taking advantage comparatively low Covid-19 levels and their impact on the economy.

Australian property investment fund Centuria Capital Group reignited its bid to take over NZX-listed Augusta Capital Limited with an offer worth $122 million (NZ$130 million).

Private hotel investment group Pro-Invest also announced they were opening two new hotels Holiday Inn Express & Suites Queenstown in mid-July and Holiday Inn Express Sydney Airport in the third quarter of 2020.

Related: Domestic Travel May ‘Fully Replace’ International Tourism

▲ As travel restrictions look to ease Pro-Invest open Holiday Inn Express & Suites Queenstown in July and Holiday Inn Express Sydney Airport [pictured at top].


The prime minister said he expects all state borders to be reopened in July with the possible exception of WA and international travel would slowly open.

“I’m very keen to see Australia's economy continue to reopen and the timetable for interstate travel set up by the three step process was for that to be able to be possible in July,” Morrison said.

“For people in New South Wales and Victoria, and I’ve got to say on a day like today, the ACT, I’m sure they’d like to see a bit of Queensland sunshine in July with their kids, a bit of West Australian sunshine too.

“You also know that I’m very much in favour of a safe travel zone between New Zealand and Australia...the tourism industry I think very much depends on that, in getting people back into work, no doubt about that.

“The aviation industry also critically depends on that.”

Related: Virgin, Corporate Covid-19 Casualty Seeks Investors


Arrivals in Australia: Covid-19 Travel Restrictions

Country of citizenshipMay 2019May 2020Change
New Zealand152,8102,320-98.5%
India62,2201,310-97.9%
China123,570620-99.5%
UK52,270540-99.5%
USA56,840300-99.5%
Philippines23,010250-98.9%

^Source: Australian Bureau of Statistics - provisional estimates

Despite a low level of arrivals domestically an internationally, due to travel restrictions, the hotel sector was already reporting an increase in bookings compared April.

Pro-Invest chief executive officer Ronald Barrott said they reopened Holiday Inn Express Newcastle on the long weekend, fully booked.

The Australasia investment platform closed four hotels to upgrade health and safety procedures to comply with Covid-19 regulations.

“It’s not all doom and gloom for the hotel industry,” Barrott said.

“Houses and apartments rented out in the unregulated accommodation sector simply can’t offer such guarantees, so our industry has a great opportunity to recapture some of the lost market-share.

“We expect many short-term rental properties to return to long-term rental arrangements as a result of travellers’ concerns about hygiene and safety.”

Barrott said they also used the shut down time to upgrade the Newcastle hotel to 5-star NABERS energy rating with plans to do the same with Southbank Melbourne next year.

“Coronavirus may have captured the attention over the past three months, but climate change and the need for all industries to adapt will soon return as one of the highest priorities,” Barrott said.

“From an investment point of view, we believe that institutional investors will make sustainability an even higher priority in the future.”

HotelAustraliaPolicySector
AUTHOR
Renee McKeown
More articles by this author
ADVERTISEMENT
TOP STORIES
Exclusive

Brains, Guts and Determination: How Salvo Property Shapes Melbourne’s Skyline

Marisa Wikramanayake
5 Min
Fraser and Partners founder Callum Fraser
Exclusive

Saving Our CBDs: Architect’s Blueprint Paves Way for Office-to-Resi that Works

Leon Della Bosca
8 Min
Exclusive

Watchdog’s Court Loss Throws Spotlight on Union Balancing Act

Clare Burnett
6 Min
Time and Place's The Queensbridge Building at 90 Queens Bridge Street in Melbourne's Southbank.
Exclusive

Innovation Keeps Time & Place’s Southbank Skyscraper Rising

Marisa Wikramanayake
6 Min
Breathe Architecture founder Jeremy McLeod in front of his Featherweight Home design
Exclusive

Nightingale Founder’s Bid for Affordable Architectural Kit Homes

Leon Della Bosca
7 Min
View All >
PBSA DA Hindmarsh Square student accomodation tower
Student Housing

Student-Friendly Adelaide Draws 35-Storey PBSA Proposal

Renee McKeown
Exclusive

Brains, Guts and Determination: How Salvo Property Shapes Melbourne’s Skyline

Marisa Wikramanayake
West End Stockwell Vulture Street DA hero
Development

Stockwell Files Tower Plans in West End Stomping Ground

Phil Bartsch
The 16-storey mixed-use proposal comprises 132 apartments and 602sq m of retail/commercial tenancies...
LATEST
PBSA DA Hindmarsh Square student accomodation tower
Student Housing

Student-Friendly Adelaide Draws 35-Storey PBSA Proposal

Renee McKeown
3 Min
Exclusive

Brains, Guts and Determination: How Salvo Property Shapes Melbourne’s Skyline

Marisa Wikramanayake
5 Min
West End Stockwell Vulture Street DA hero
Development

Stockwell Files Tower Plans in West End Stomping Ground

Phil Bartsch
3 Min
Westmead Gene Technologies Building EDM
Life Sciences

Plans for $272m Parramatta Biomedical Facility Go Public

Clare Burnett
3 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/travel-restrictions-hotels-make-way-for-new-arrivals