Complex planning regulations are adding millions to hotel construction costs even as Australia’s need to build new resorts and accommodation facilities rises, according to a new report.

Prepared by Sydney-based consulting outfit URBIS on behalf of AUSTRADE, the Hotel Development Regulations in Australia report suggests costs associated with regulatory processes relating to hotel developments can amount to several million dollars in major cities. According to the report, regulatory costs associated with building a 300-room, four-star tourist hotel…