Hoteliers are cautious about celebrating a recent spike in bookings.

Analysis from Colliers International shows on Sunday, bookings were 58 percent of the levels of this time last year.

That would indicate we have the fastest recovering hotel sector in the world.

Sudima Hotels chief operating officer Les Morgan is calling the figures an "anomaly'.

He told Mike Hosking bookings spiked over the long weekend, but by Monday they plummeted down to current levels.

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