Marriott International on track for breakthrough year in Asia Pacific
On the back of a strong first quarter, Marriott International has announced that 2017 is on track for a progressive year in Asia Pacific with nearly 80 hotels targeted to open, bringing 19,000 new rooms to the region.
Regional New Zealand hotel sales signal rising demand
An Australian investor has purchased the 51-room Ambassador Hotel Hamilton, while an Auckland investor has bought The Park Hotel Ruapehu, an 82-room hotel in the central North Island’s National Park.
The Langham Auckland, one of New Zealand’s leading hotels will be rebranded as Cordis, Auckland
Cordis Hotels and Resorts is a new generation of selected upper upscale modern hotels by Langham Hospitality Group, which will see The Langham Auckland rebranded on 1st November 2017.
Wyndham Expands in New Zealand with Second Hotel in Queenstown
Wyndham Hotel Group has announced the signing of its second hotel in Queenstown, ideally timed to service a need for high-quality accommodation in New Zealand’s third largest tourism market.
Colliers International release New Zealand Hotel Market Snapshot May 2017
Dean Humphries, National Director of Hotels New Zealand and South Pacific says the New Zealand hotel sector is set up for potentially its best performing year on record.
Colliers International release Q1 2017 Hotel Investment Highlights
Head of Hotels Australia, Gus Moors reports that Q1 2017 recorded an uptick in hotel transaction volumes, increasing 20.9 per cent to total $778 million.
Hotel investors still on the lookout amid COVID-19 - CBRE Survey
The Australian hotel industry remains cautiously optimistic about medium-term investor appetite amid the COVID-19 pandemic, according to CBRE Research’s latest Hotel Market Survey.
Emerging 'dark kitchen' trend among food retailers - CBRE
As Australia’s hospitality retailers look towards delivery services to bolster business during the COVID-19 pandemic, CBRE has released a report on the emerging dark kitchen trend feeding Australia’s growing meal delivery economy.