1、REPORTOverview and OutlookCBRE RESEARCHMARCH 20262026Hotels AustraliaInnovative Investment2CBRE RESEARCH 2026 CBRE,INC.Innovative InvestmentHotels Australia|Outlook and OverviewSource:ABS and CBRE ResearchFIGURE 1:Short-term overseas arrivals vs.Australian departures2025 marked a turning point for t
2、he Australian hotel marketOperating performance and capital markets moved back into alignment,with transaction volumes reaching a record$2.7 billion,supported by a series of transactions exceeding$100 million.Demand momentum strengthened International recovery progressed,domestic travel held firm an
3、d corporate and MICE demand accelerated.Performance gains in all major marketsRevPAR growth was a standout,with at least 8%annual growth recorded across most major markets,led by Sydney and Brisbane,with Perth remained a consistent outperformer.Despite ongoing supply pressures Melbourne recorded 7%g
4、rowth.International spend reached record highsExpanded air capacity and longer stays lifted inbound expenditure to record levels.Events amplified performanceA diverse calendar of sporting,cultural and business events delivered measurable occupancy and rate uplift across key markets.Supply constraint
5、s are structural Elevated construction costs,labour shortages and financing conditions are limiting new supply beyond the current delivery pipeline,supporting performance gains and asset values.The outlook:Fundamentals remain positiveConstrained supply and strengthening operating performance positio
6、n the sector for sustained income growth and renewed capital deployment in 2026.Turning Point to Trajectory 8.9MTrips by international tourists to Australia 6.7%RevPAR growth5,140+New room supply(2026-2028)$2.7BHotel Sales8%8%1%2%3%4%5%6%7%8%9%02468101214Short-term Australian resident departuresShor