Membership Report ANTHONY MCCONNON Membership and Corporate Relations Manager
2017 has definitely been a whirlwind and with an election just around the corner, things aren’t going to slow down any time soon. You will no doubt be visited by representatives from all political parties in the coming months and now is your best chance to make them understand just how important our industry is to the state’s economy. The following are stats you can quote when you come into contact with politicians who are campaigning for your vote: The Hospitality Industry and it’s contribution to Tasmania’s Economy • 22,300 people employed by the industry • 9% of the Tasmanian workforce • 3rd largest employing industry • 1945 businesses operate in Tasmania • $405 million in wages • $1.444 billion in sales and service income • $90 million in profit • $672 million gross value add Tasmanian commercial occupancy figures in the state during 2017 have remained roughly on a par to 2016. For the 12 month period from November 2016 to October 2017 the state’s average occupancy was 75.24% compared to 75.39% for the previous 12 months November 2015 to October 2016. Average room rates for the same 12 month periods were similar with October 2016 / 2017 having an average room rate of $173.64 compared to $171.75 during October 2015 / 2016. Average yield again had a very small increase from $130.87 in October 2015 / 2016 to $132.16 for the period October 2016 to 2017. The North West had its best average October occupancy since the THA started surveying the industry in 2001, recording an average of 67.45% which was an increase of 7.60% compared to October 2016 (59.85%). The region’s annual October occupancy 2016 to 2017 was 58.59% compared to 58.10% (increase of 0.49%) for the previous 12 month period October 2015 / 2016. The North of the state had a small decline in occupancy with an average annual occupancy of 74.78% (Nov 2016 to Oct 2017) compared to 76.71% (-1.93%) for the period Nov 2015 to Oct 2016. The South experienced a decline in average monthly occupancy of 3.35% for October 2017 compared to October 2016 (84.62% from 87.97%) but still managed to stay slightly ahead on average annual occupancy (82.87% Nov 2016 to 2017 compared to 82.74% Nov 2015 to Oct 2016). Although experiencing a decline in occupancy for the month of October 2017, the South still recorded an increase of $14.95 in average monthly room rate ($201.33 in October 2017 from $195.37 in October 2016).
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enquiries@tha.asn.au 03 6220 7300
Hospitality Review
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