TOURISM growth fuels Adelaide hotel boom
There are 1946 hotel rooms in the supply pipeline across nine developments with 245 rooms under construction, 1006 rooms with planning approval and 695 rooms proposed or subject to planning consideration.
Of the nine hotels, seven are in the CBD, including a project to construct the state’s tallest building. Hotel developments have also been proposed at Adelaide Airport and nearby Glenelg Beach.
It comes at a time when the South Australian visitor economy has reached a record $6.3 billion, including $1.1 billion spent by international tourists in the year ending March 2017.
This has coincided with a string of developments between North Terrace and the River Torrens such as the $3.6 billion Adelaide BioMed City precinct as well as major upgrades to the Adelaide Convention Centre, Adelaide Festival Centre and Adelaide Oval.
International hotel chains attracted to Adelaide, a city of 1.3 million people, for the first time include Sheraton, Sofitel, Langham and Atura.
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