Tasmania’s accommodation sector has recorded its strongest October since the pandemic, with statewide occupancy reaching 79.05%, just shy of the decade-old record.
The latest Hospitality Tasmania Accommodation Report reveals the figure is up 3.33% on last year, building on spring’s promising two percent increase and signalling a robust recovery for the industry.
Hospitality Tasmania chief executive Steve Old said the results showed the sector’s resilience.
“To come within a fraction of our best October on record shows just how strongly the sector is performing,” Old said.
“Our operators have worked incredibly hard through a challenging few years, and it’s fantastic to see demand rebounding at this level across every region.”
Events across the island state drove significant regional growth, with the north-west experiencing a 10% jump to 68.72% occupancy thanks to the Burnie Ten.
The north, buoyed by the NORTH Festival, achieved a 87.32% occupancy rate, while the west coast benefited from the Unconformity Festival.
“These figures show the value of events large and small – they fill beds, drive local spending, and shine a spotlight on every corner of the state,” Old said.
Room rates also climbed to an average of $254.25, up $26.50 from the previous year, contributing to a healthy statewide yield of $201.
The strong performance follows an already successful winter season and near-record August, positioning the industry well for the upcoming peak period.
“We’ve built real momentum this year. If October is anything to go by, Tasmania is heading into a blockbuster summer,” Old said.
