The Fiji hotel and resort market has seen a very positive recovery post pandemic, largely on the back of a faster than expected return of international demand and strong daily rate levels across the board says JLL Hotels and Hospitality Group.
L to R: Xander Nijnens Head of Hotel Advisory and Asset Management JLL Asia Pacific and Jonathan Law JLL Vice President of Investment Sales Hong Kong and Asia Pacific,
Hong Kong hotel investment to grow 24% to USD1 billion in 2023 - JLL
Hong Kong's high-end hotels are expected to show faster recovery and its RevPAR is expected to rebound to 2018 levels next year, according to JLL's latest 2023: A Year of Opportunities for Hong Kong Hotels report. The firm also believes that hotel transaction activity will pick up in the last...
Brisbane Airport predicting 15,000 passengers through its International Terminal tomorrow (Sunday), up 77% compared to this time last year
With Easter traditionally being the busiest time of year for Queensland’s tourism industry, the rebound in international visitor numbers is good news for Queensland jobs and the economy."Around 75% of Queensland’s international arrivals transit through the Brisbane Airport, so when Brisbane...
Tasman Holiday Parks Caps Off $265 Million Growth Spree across Australia & NZ
Leading holiday park operator Tasman Holiday Parks has capped off a $265 million growth spree doubling its portfolio to 40 properties across Australia and New Zealand.
Call for more biophilic hotels and resorts in Vietnam
With its sprawling coastlines, beautiful beaches and warm, tropical climate, it is little wonder Vietnam has topped tourism lists as a must-see Southeast Asian destination in 2023.
JLL Director Hotels & Hospitality Nick Thompson says the active New Zealand market is once again a beacon for investors seeking stable, long-term performance
Hotel transactions pass $100m first quarter this year as international tourism rebounds - JLL
Having transacted the record $170m sale of Auckland’s Stamford Plaza last October, JLL Director Hotels & Hospitality Nick Thompson says the active New Zealand market is once again a beacon for investors seeking stable, long-term performance. "Through the first quarter of this year, we’ve...
Successful recovery for Choice Hotels Asia-Pac hotels in 2022
Despite two years of challenges posed by the global pandemic, Choice Hotels Asia-Pac has delivered impressive RevPAR growth across its Asia-Pac hotel portfolio for the financial year ending December 2022.
JLL named leading Asia Pacific hotels investment advisor for record-extending 12th year
Data analysed and published by MSCI Real Capital Analytics (RCA) has confirmed that JLL advised on the most hotel transactions, as measured in dollar value, in Asia Pacific. “To be named as the hotel industry’s unrivalled investment advisor for 12 years straight is both an incredible honour,...
Investors circling Australian hotels after 2022 transactions hit $2.14 billion - CBRE
CBRE’s latest Hotels Overview and Outlook report highlights that recovering occupancies and strong growth in Average Daily Rates (ADR) assisted in insulating the hotels sector from the effects of rising inflation.