Invictus Developments Boosts Hotel Portfolio with Brisbane and Sydney Acquisitions CBRE & JLL
Singapore-based Invictus Developments has continued to invest in the Australian hotel property market, with the $25 million acquisition of Brisbane’s 5-star The Inchcolm by Ovolo Hotel at Spring Hill in Brisbane.
Alva Beach Tourist Park for sale through JLL Hotels Vice President, Mark Walsh. With 83 sites across a 1.99 Ha block, the park has easy beach access for both walkers and 4WD.
China Capital Investment Group (CCIG) has listed South Molle Island Whitsunday's for sale through CBRE Hotels’ Raymond Tran, Wayne Bunz and Tom Gibson.
New Avani Hotel set to revitalise Mooloolaba tourism accommodation – construction to begin in September
Construction of the Avani Hotel will start in September for the long-awaited $250 million 4.5-star property, on the corner of Brisbane Road and First Avenue at Mooloolaba.
Ramada Port Douglas and National Indigenous Training Academy Agreement Helps Local Hospitality Industry
Ramada Resort by Wyndham Port Douglas announces it has partnered with the National Indigenous Training Academy (NITA) to provide traineeship placements to First Nations students seeking a career in hospitality.
The Sun continues to shine on the Sunshine State’s Tourism & Accommodation sector, by JLL’s Gareth Closter
Almost all Queensland tourism and accommodation markets are coming off a record financial year performance with 2023 being one of, if not the best, 12 months of trade recorded.
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.