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Victoria hotels battle slump

A decline in ferry traffic is partly to blame for a dismal 2012 for Victoria's hotel industry, which saw the average hotel-room occupancy rate fall to 62 per cent and both room rates and revenue decline, according to Victoria-based Chemistry Consulti

A decline in ferry traffic is partly to blame for a dismal 2012 for Victoria's hotel industry, which saw the average hotel-room occupancy rate fall to 62 per cent and both room rates and revenue decline, according to Victoria-based Chemistry Consulting.


from Western Investor March 2013