Will Brisbane Have Enough Hotel Rooms for 2032?
Not on the current trajectory. The Property Council of Australia's 2026 Queensland Hotel Market Outlook, researched by CBRE and released on 20 May 2026, found the probability-adjusted pipeline delivers just 24 per cent of the 14,700 rooms the State Government says Queensland needs by 2032. In the twelve months to May, exactly one new hotel opened across Brisbane, the Gold Coast and the Sunshine Coast combined. Six years is enough time to fix that. Nothing in the 2026 data says it's being fixed yet.
TL;DR
- The target: 14,700 new rooms by 2032. The pipeline delivers 24 per cent of it.
- Built last year: one hotel across three major markets — the Mondrian at Burleigh Heads.
- Why: build costs up close to 40 per cent since 2019, with another 18 per cent forecast.
- Accessible rooms: about 2 per cent in Brisbane, about 1 per cent on the Gold Coast.
- For visitors: nothing is bookable yet. Expect the window to open around 2031.
How big is the gap, exactly?
Two numbers define it. The State Government's own target is 14,700 additional rooms by 2032, and CBRE's probability-adjusted pipeline reaches 24 per cent of that. The longer target, Destination 2045, asks for 40,000 rooms. The pipeline reaches 9 per cent.
Property Council Queensland Executive Director Jess Caire put it in one line. "The demand is here, the global spotlight is coming, but the rooms are not."
She also made the point that this isn't a blip. "This is not a short-term dip or a construction hangover, it is a feasibility problem that is getting worse."
Why isn't anyone building?
Money, not demand. Occupancy is at record levels and room rates are rising, which normally triggers a building wave. It hasn't, because the cost of putting up a hotel has outrun what the hotel can earn.
CBRE reports construction costs for three-to-five-star hotels have risen close to 40 per cent since 2019, and forecasts a further 18 per cent across 2026 and 2027. CBRE's Head of Hotels Research Ally Gibson pointed to what makes hotels different from apartments or offices. They're capital-intensive, rarely pre-sold or pre-leased, and have to absorb every cost increase before they earn a cent.
Her summary of the year's supply: "Just one new hotel opened in the past 12 months — the Mondrian in Burleigh Heads. One exceptional property in three major markets."
What did last year actually deliver?
| Measure | 2026 position |
|---|---|
| New hotels opened, Brisbane + Gold Coast + Sunshine Coast | 1 |
| Rooms required by 2032 (State Government target) | 14,700 |
| Pipeline delivery against that target | 24% |
| Destination 2045 target | 40,000 rooms |
| Pipeline delivery against Destination 2045 | 9% |
| Build cost increase since 2019 | ~40% |
Where will the Games workforce stay?
Not in the same pool as visitors, and that's the part most coverage skips. ABC News reported in July 2021 that almost 48,000 rooms had already been secured across Queensland for the people delivering the Games — not only in the south-east but in Townsville, Toowoomba and Cairns, and including cruise ship berths and boarding schools.
Officials, media and workforce are largely accounted for. The shortfall is the commercial market that ordinary visitors book from.
How accessible are the rooms that do exist?
Barely. The Games Readiness report from Queenslanders with Disability Network and advisory firm Urbis, released on 17 September 2026, audited 170 hotels across Brisbane, Cairns and the Gold Coast — about 22 per cent of the market. It found roughly 2 per cent of rooms accessible in Brisbane and Cairns, and about 1 per cent on the Gold Coast.
Urbis associate director Kali Marnane set that against demand. "One in five trips in Australia are taken by travellers with disability or with some kind of accessibility need," she said. "That really demonstrates that there's a big mismatch between what we have and what we need."
Asked whether Queensland was ready to host, Marnane said the polite answer was "not quite". Her fuller answer: "We're ready in parts, but not as a system."
The same report found only 56 per cent of surveyed Brisbane accommodation providers could reach five or more Games venues by public transport within an hour, and at least four venues in Greater Brisbane couldn't be reached by public transport at all.
Where this sits on our tracker: two independent reports in four months, both saying the accommodation system is behind. Neither has been contradicted by the State Government, which has pointed instead to streamlined approvals and a Suburban Pub Stays Strategy from Brisbane City Council. Watch the 2027 Property Council outlook — if the pipeline percentage hasn't moved by then, it isn't a timing problem.
So can you book anything yet?
No, and you won't be able to for years. Hotels don't open six-year booking windows, and no official Brisbane 2032 visitor accommodation programme has been announced. Standard hotel inventory opens twelve to eighteen months ahead, which puts the realistic window somewhere in 2031.
What's worth doing now is narrowing the shortlist rather than chasing a booking. Which suburbs put you near the events you care about, what the transport actually looks like from each, and whether you need an accessible room — because on the current numbers, that last one is the booking that'll go first.
Frequently asked questions
Will there be enough hotel rooms for Brisbane 2032?
Not on current trajectory. The Property Council of Australia's 2026 Queensland Hotel Market Outlook, researched by CBRE, found the probability-adjusted pipeline delivers just 24 per cent of the 14,700 rooms the State Government says Queensland needs by 2032. Six years remain to close the gap.
How many new hotels opened in Queensland last year?
One. A single new hotel opened across Brisbane, the Gold Coast and the Sunshine Coast in the twelve months to May 2026 — the Mondrian at Burleigh Heads.
Can you book accommodation for Brisbane 2032 yet?
Most hotels don't take bookings six years ahead, and no official Brisbane 2032 visitor accommodation programme has been announced. Standard booking windows open twelve to eighteen months out, so the practical window is expected to be 2031.
Why aren't developers building hotels in Queensland?
Cost. CBRE reports build costs for three-to-five-star hotels have risen close to 40 per cent since 2019, with a further 18 per cent forecast across 2026 and 2027. Hotels are capital-intensive and rarely pre-sold, so the gap between what one costs to build and what it earns has widened.
How many accessible hotel rooms does Brisbane have?
About 2 per cent. The Games Readiness report by Queenslanders with Disability Network and Urbis, released 17 September 2026, audited 170 hotels across Brisbane, Cairns and the Gold Coast and found roughly 2 per cent of rooms accessible in Brisbane and Cairns, and about 1 per cent on the Gold Coast.
Where will Games staff and officials stay?
Separately from visitors. ABC News reported in July 2021 that almost 48,000 rooms had been secured across Queensland for people delivering the Games, spread across the south-east plus Townsville, Toowoomba and Cairns, and including cruise ship berths and boarding schools.
Is the Gold Coast a realistic alternative to staying in Brisbane?
For some events, yes, and several competitions are held there. But the same Property Council research found the Gold Coast market equally tight, and the accessibility audit found about 1 per cent of Gold Coast rooms accessible — the lowest of the three cities studied.
Should I wait or book early for Brisbane 2032?
Nothing can be booked for the Games period yet, so the question is academic until roughly 2031. When booking does open, the supply data suggests demand will exceed rooms in central Brisbane.
Is BRIS2032 affiliated with the Olympics?
No. BRIS2032 is independent, sourced coverage and is not affiliated with the IOC or the Brisbane 2032 Organising Committee.
Sources: Property Council of Australia, 2026 Queensland Hotel Market Outlook, 20 May 2026 (research by CBRE; quotes from Jess Caire and Ally Gibson as published there). ABC News, Sarah Richards, 17 September 2026, reporting the Queenslanders with Disability Network and Urbis Games Readiness report. ABC News, 28 July 2021, on rooms secured for the Games workforce.
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