Market Report: Melbourne, Australia
By Horwath HTL on October 15, 2015
Stefan Muff of Horwath HTL Australia has written the next in our series of market reports focusing on the Melbourne market.
‘Melbourne received a record 7.8 million domestic overnight visitors in 2014, yielding 22.5 million visitor nights. While domestic visitor nights were at first not significantly impacted by the global financial crisis, growth did then slow to a trickle between 2010 and 2013. It has only been in the past year that Melbourne once again witnessed robust visitor growth.‘