Weekend and Weekday Visitations to the Sydney CBD: 2022 vs. 20195 June 2023
Are Central Business Districts (CBD’s) transforming into Central Playing Districts?
People are increasingly visiting the CBD for leisure and not work.
Weekday visitations to the Sydney CBD fell by up to 50% in 2022 compared to pre-pandemic levels. This is in sharp contrast to weekend visitations, which increased in 2022 by up to 16% compared to pre-pandemic levels.
💡 Will landlords need to reposition their CBD retail assets to reflect changes in visitation patterns?
💡 Will this result in more late night and bars night dinner venues and fewer day-time cafes as well as food courts?
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