The boom of Chinese middle class tourists is helping the motels in Brisbane put up no vacancy signs with the number of vacant rooms dwindling with each passing day.
Reports are indicating that due to the recent economic downturn there has been fewer motels being built in the capital cities, an area Chinese tourists prefer, and this will then make motel occupancy rates reach the 90% mark, making demand outweigh supply.
As a result, the cost of rooms will rise on an average night with available rooms in Brisbane going for $208 a night, $2 cheaper per night than their Sydney counterparts at $210.
Room nights sold are forecast to grow by 2.3 per cent a year, with room nights available to grow by just 0.7 per cent a year.
Brisbane will need to increase their development in the hotel/motel development to accommodate the rise in demand.