NewsBite

Hotels offer big discounts as revenues face viral blow

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Sydney and Melbourne hotel operators are offering discounts of up to 40 per cent as they scramble to fill empty hotel rooms due to the coronavirus travel ban amid fears it will soon be declared a global pandemic.

Booking websites like Expedia are awash with big discount offers – from boutiques to five-star hotels – while the peak NSW tourism accommodation body says revenues in the Sydney CBD are down 20 per cent in February on last year.

Loading...
Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Commercial

Fetching latest articles

Most Viewed In Property

    Original URL: https://www.afr.com/property/commercial/hotels-offer-big-discounts-as-revenues-face-viral-blow-20200227-p544v4