Sydney hoteliers may be left with empty rooms after bookings for this year’s Asia Pacific Economic Confernce (APEC) have failed to live up to expectations.
Leaders, ministers, economists and media from 21 countries in the Asia-Pacific, including the US, will meet for two days to discuss trade issues in the region.
APEC organisers originally said more than 7,000 delegates and media would visit Sydney during the September summit but numbers have now been revised to around 5,000, according to Australian media reports.
An APEC spokesperson says predicting how many people will come is an ‘inexact science’ and forecasts had been based on attendance at the last three summits, held in Asia.
Hotel owners are now preparing themselves for a marketing push as tourists have been encouraged to stay away from the city during the conference – or else face dealing with hundred of empty rooms.
Reported by staff writer