NSW to compensate hotels for lost holiday bookings

Hotels offered grants to cover stays lost to lockdown

HOTELS ACROSS NSW that saw bookings for the July school holidays wiped out virtually overnight due to the current government restrictions will be partially compensated for the lost revenue, the NSW Government has announced.The AUD$26 million initiative will offer targeted support to around 38,000 registered hotels across the state, with identical grants paid based on room nights lost over the school holiday period from 25 June to 11 July inclusive, irrespective of the hotel’s location.

Hotels can take advantage of two tiers of government assistance, with an AUD$2,000 grant paid to a property that lost 10 room nights or less, while AUD$5,000 will be paid to properties which lost 11 room nights or more over the 16-day period. Owners of multiple properties will be able to claim the grant for each hotel in NSW, identified by different street addresses.