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Sydney Domestic Airfares to Most Capital Cities Up More Than 5%, Hotel Rates Also Climb: CWT/CAPA Report

Sydney Domestic Airfares to Most Capital Cities Up More Than 5%, Hotel Rates Also Climb: CWT/CAPA Report

Press releases   •   Aug 01, 2018 02:34 GMT

Airfares on several key routes from Sydney continue their relatively steep rise as the fare wars seen a few years ago subside into the background and the major airlines focus on profitability. Meanwhile, hotel occupancy in the city remains well over 80%, resulting in an increase in average daily rates (ADRs) and last room availability (LRA) rates.