❓ The Minister for Tourism outlines indicators of growth in Perth's hotel accommodation sector, citing increased demand, occupancy rates, room rates, and new hotel developments. The government is actively seeking further investment to meet future demand.
AnsweredQoN 176Legislative Assembly
QuestionView source ↗
HOTEL ACCOMMODATION IN PERTH
Will the minister inform the house of the indicators of the growth in hotel accommodation in Perth? Ms S.M. McHALE
Will the minister inform the house of the indicators of the growth in hotel accommodation in Perth? Ms S.M. McHALE
AnswerView source ↗
I thank the member for her very timely question. Perth, and Western Australia, is experiencing unprecedented growth and expansion. Last weekend we saw an influx of more than 13 500 people at three major events: the 2008 Surf Lifesaving Championships; the Union Internationale de la Marionnette world congress; and the Australian Petroleum Production and Exploration Association’s conference, which had more than 2 500 delegates. Perth hotel operators were very pleased because the hotels were full. A report released by Colliers International Ltd has confirmed that Perth is demonstrating the strongest growth of all the hotel markets in Australia. The conclusions that can be drawn from the summer 2008 “Colliers International Hotels Investment Australia quarterly report” is that Perth is positioned to lead all the other Australian cities in hotel investment opportunities. In the year to September 2007, the hotel room demand in Western Australia has grown by 5.9 per cent and occupancy rates have risen to 82.6 per cent. The room rate has risen by 26 per cent between September 2005 and September 2007. This report shows that the conditions in Perth are right for investing in hotels, which is a very pleasing sign. Occupancy rates are up, demand is strong and the room rates are growing. Three new hotel developments have come on stream recently: the Holiday Inn at Burswood, The Richardson in West Perth and the Medina Executive Barrack Plaza, which have provided almost 650 extra rooms. Three major hotel developments are in the pipeline: the Elan Riverside Pier Hotel at the Barrack Square precinct, with 86 rooms; the Seasons of Perth hotel in Pier Street, which has 70 rooms; and the redevelopment of the old Treasury building. In addition, as at December 2007 an additional 100 rooms were in either the development or planning and construction phase. In the long term, hotels on the Perth waterfront and a new hotel adjacent to the Perth arena will also supply the market with high-quality hotels to add to the stock of rooms available to visitors to Western Australia. The government is working extremely hard to attract hotel investors of international reputation to consider Perth and Western Australia as a strong investment opportunity to meet the future demand. It is pleasing to see these conditions for investment in Western Australia and we will be very aggressively seeking high-quality hotel investors to make sure that we meet the continuing growth in our wonderful state.
Ms S.M. McHALE replied : I thank the member for her very timely question. Perth, and Western Australia, is experiencing unprecedented growth and expansion. Last weekend we saw an influx of more than 13 500 people at three major events: the 2008 Surf Lifesaving Championships; the Union Internationale de la Marionnette world congress; and the Australian Petroleum Production and Exploration Association’s conference, which had more than 2 500 delegates. Perth hotel operators were very pleased because the hotels were full. A report released by Colliers International Ltd has confirmed that Perth is demonstrating the strongest growth of all the hotel markets in Australia. The conclusions that can be drawn from the summer 2008 “Colliers International Hotels Investment Australia quarterly report” is that Perth is positioned to lead all the other Australian cities in hotel investment opportunities. In the year to September 2007, the hotel room demand in Western Australia has grown by 5.9 per cent and occupancy rates have risen to 82.6 per cent. The room rate has risen by 26 per cent between September 2005 and September 2007. This report shows that the conditions in Perth are right for investing in hotels, which is a very pleasing sign. Occupancy rates are up, demand is strong and the room rates are growing. Three new hotel developments have come on stream recently: the Holiday Inn at Burswood, The Richardson in West Perth and the Medina Executive Barrack Plaza, which have provided almost 650 extra rooms. Three major hotel developments are in the pipeline: the Elan Riverside Pier Hotel at the Barrack Square precinct, with 86 rooms; the Seasons of Perth hotel in Pier Street, which has 70 rooms; and the redevelopment of the old Treasury building. In addition, as at December 2007 an additional 100 rooms were in either the development or planning and construction phase. In the long term, hotels on the Perth waterfront and a new hotel adjacent to the Perth arena will also supply the market with high-quality hotels to add to the stock of rooms available to visitors to Western Australia. The government is working extremely hard to attract hotel investors of international reputation to consider Perth and Western Australia as a strong investment opportunity to meet the future demand. It is pleasing to see these conditions for investment in Western Australia and we will be very aggressively seeking high-quality hotel investors to make sure that we meet the continuing growth in our wonderful state.
I thank the member for her very timely question. Perth, and Western Australia, is experiencing unprecedented growth and expansion. Last weekend we saw an influx of more than 13 500 people at three major events: the 2008 Surf Lifesaving Championships; the Union Internationale de la Marionnette world congress; and the Australian Petroleum Production and Exploration Association’s conference, which had more than 2 500 delegates. Perth hotel operators were very pleased because the hotels were full. A report released by Colliers International Ltd has confirmed that Perth is demonstrating the strongest growth of all the hotel markets in Australia. The conclusions that can be drawn from the summer 2008 “Colliers International Hotels Investment Australia quarterly report” is that Perth is positioned to lead all the other Australian cities in hotel investment opportunities. In the year to September 2007, the hotel room demand in Western Australia has grown by 5.9 per cent and occupancy rates have risen to 82.6 per cent. The room rate has risen by 26 per cent between September 2005 and September 2007. This report shows that the conditions in Perth are right for investing in hotels, which is a very pleasing sign. Occupancy rates are up, demand is strong and the room rates are growing. Three new hotel developments have come on stream recently: the Holiday Inn at Burswood, The Richardson in West Perth and the Medina Executive Barrack Plaza, which have provided almost 650 extra rooms. Three major hotel developments are in the pipeline: the Elan Riverside Pier Hotel at the Barrack Square precinct, with 86 rooms; the Seasons of Perth hotel in Pier Street, which has 70 rooms; and the redevelopment of the old Treasury building. In addition, as at December 2007 an additional 100 rooms were in either the development or planning and construction phase. In the long term, hotels on the Perth waterfront and a new hotel adjacent to the Perth arena will also supply the market with high-quality hotels to add to the stock of rooms available to visitors to Western Australia. The government is working extremely hard to attract hotel investors of international reputation to consider Perth and Western Australia as a strong investment opportunity to meet the future demand. It is pleasing to see these conditions for investment in Western Australia and we will be very aggressively seeking high-quality hotel investors to make sure that we meet the continuing growth in our wonderful state.
Ms S.M. McHALE replied : I thank the member for her very timely question. Perth, and Western Australia, is experiencing unprecedented growth and expansion. Last weekend we saw an influx of more than 13 500 people at three major events: the 2008 Surf Lifesaving Championships; the Union Internationale de la Marionnette world congress; and the Australian Petroleum Production and Exploration Association’s conference, which had more than 2 500 delegates. Perth hotel operators were very pleased because the hotels were full. A report released by Colliers International Ltd has confirmed that Perth is demonstrating the strongest growth of all the hotel markets in Australia. The conclusions that can be drawn from the summer 2008 “Colliers International Hotels Investment Australia quarterly report” is that Perth is positioned to lead all the other Australian cities in hotel investment opportunities. In the year to September 2007, the hotel room demand in Western Australia has grown by 5.9 per cent and occupancy rates have risen to 82.6 per cent. The room rate has risen by 26 per cent between September 2005 and September 2007. This report shows that the conditions in Perth are right for investing in hotels, which is a very pleasing sign. Occupancy rates are up, demand is strong and the room rates are growing. Three new hotel developments have come on stream recently: the Holiday Inn at Burswood, The Richardson in West Perth and the Medina Executive Barrack Plaza, which have provided almost 650 extra rooms. Three major hotel developments are in the pipeline: the Elan Riverside Pier Hotel at the Barrack Square precinct, with 86 rooms; the Seasons of Perth hotel in Pier Street, which has 70 rooms; and the redevelopment of the old Treasury building. In addition, as at December 2007 an additional 100 rooms were in either the development or planning and construction phase. In the long term, hotels on the Perth waterfront and a new hotel adjacent to the Perth arena will also supply the market with high-quality hotels to add to the stock of rooms available to visitors to Western Australia. The government is working extremely hard to attract hotel investors of international reputation to consider Perth and Western Australia as a strong investment opportunity to meet the future demand. It is pleasing to see these conditions for investment in Western Australia and we will be very aggressively seeking high-quality hotel investors to make sure that we meet the continuing growth in our wonderful state.
I thank the member for her very timely question. Perth, and Western Australia, is experiencing unprecedented growth and expansion. Last weekend we saw an influx of more than 13 500 people at three major events: the 2008 Surf Lifesaving Championships; the Union Internationale de la Marionnette world congress; and the Australian Petroleum Production and Exploration Association’s conference, which had more than 2 500 delegates. Perth hotel operators were very pleased because the hotels were full. A report released by Colliers International Ltd has confirmed that Perth is demonstrating the strongest growth of all the hotel markets in Australia. The conclusions that can be drawn from the summer 2008 “Colliers International Hotels Investment Australia quarterly report” is that Perth is positioned to lead all the other Australian cities in hotel investment opportunities. In the year to September 2007, the hotel room demand in Western Australia has grown by 5.9 per cent and occupancy rates have risen to 82.6 per cent. The room rate has risen by 26 per cent between September 2005 and September 2007. This report shows that the conditions in Perth are right for investing in hotels, which is a very pleasing sign. Occupancy rates are up, demand is strong and the room rates are growing. Three new hotel developments have come on stream recently: the Holiday Inn at Burswood, The Richardson in West Perth and the Medina Executive Barrack Plaza, which have provided almost 650 extra rooms. Three major hotel developments are in the pipeline: the Elan Riverside Pier Hotel at the Barrack Square precinct, with 86 rooms; the Seasons of Perth hotel in Pier Street, which has 70 rooms; and the redevelopment of the old Treasury building. In addition, as at December 2007 an additional 100 rooms were in either the development or planning and construction phase. In the long term, hotels on the Perth waterfront and a new hotel adjacent to the Perth arena will also supply the market with high-quality hotels to add to the stock of rooms available to visitors to Western Australia. The government is working extremely hard to attract hotel investors of international reputation to consider Perth and Western Australia as a strong investment opportunity to meet the future demand. It is pleasing to see these conditions for investment in Western Australia and we will be very aggressively seeking high-quality hotel investors to make sure that we meet the continuing growth in our wonderful state.
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