The City of Sydney has released an action plan encouraging new hotel developments, including more mid-range hotels that are popular with the growing number of Asian visitors.
With more and more visitors coming from China, demand for three star hotel rooms is expected to grow significantly and the City has worked closely with tourism groups to prepare the Visitor Accommodation Action Plan to help meet this demand.
Under the draft plan approved by councillors, the City will look at reducing development costs to encourage three star hotels in the western and southern parts of the city near infrastructure projects such as Darling Harbour Live and the Light Rail line. It will review zoning around these projects to encourage appropriate visitor accommodation.
The City will help new accommodation projects by developing investment liaison procedures and publishing a development guide to assist investors identify development sites and negotiate the planning system.
For more information visit City of Sydney Council