Queensland Gaming by Region

August Gaming: Clubs Bounce Back

Queensland Overview

A solid month for gaming across the state this month with growth of 4.6% to approximately $227 million.

Overall, Clubs have bounced back this month recording an increase of 3.8% on 2017 (-1.8% in July) and hotels up by 5.2% (+5.0 in July).

ADR is currently sitting at $138 for Clubs and $218 for Hotels, continuing the trend of the highest recorded ADR for both Hotels and Clubs since December 2017.

Regional Analysis

Of the major Local Government Areas (LGAs), the highest growth this month was in Mt Isa (+11.3%), Cairns (+8.8%), Rockhampton (+7.9%) and Bundaberg up by 7.7%.

The Logan LGA holds the highest ADR again this month at $263.  Cairns and Moreton Bay LGA areas follow on $194.  Almost half of the state’s LGA areas are above the reported Queensland ADR of $174.

From an SA4 perspective, the top 5 areas rank again this month – Logan-Beaudesert area with the highest ADR followed by Brisbane South, Brisbane North, Moreton Bay South and Ipswich.

The Westpac Melbourne Institute Consumer Sentiment Index in August dipped this month by 2.3% to 103.6, following an index of 106.1 in July.

This would be attributed to increases in mortgage interest rates, political instability and household budget pressures. 

All index components recorded declines, the largest in the expectations surrounding economic performance.  The indexes and the movements are highlighted below:

2709806.png

For further information contact the DWS team on (07) 3878 9355 or email info@dws.net.au.

LATEST NEWS

Get the latest hospitality industry news delivered direct to your inbox by signing up to the DWS
Newsletter.

Market analysis has the potential to lead your organisation’s most beneficial strategic decisions. Or if conducted poorly – it can force a backwards step in the organisation. So how can you ensure your market analysis is leading you in the right direction?

Empowering your employees to respond effectively during a service breakdown allows disillusioned customers to be transformed into loyal ones and better yet, noisy promoters of your brand.

This second installment of our hospitality industry trends article series is all about the digital landscape and how we, as an industry, need to embrace it! Ignore online opportunities at your peril, much like stepping away from the ‘sacred cows’ you need to...

css.php