Pub sale to bring a taste of London to Brisbane’s South Bank
The Rose & Crown will open its doors in South Bank following the leasehold sale and refurbishment of what was formerly known as the Little Big House, situated within a two-storey Queenslander built in the 1880’s.
Accor announces landmark sustainability partnership with Qualmark New Zealand
New Zealand’s largest hotel operator, Accor has entered into a strategic partnership with Qualmark to work towards certifying Accor hotels, resorts and apartments across New Zealand as Gold Standard Sustainable Tourism Businesses.
The Australian Hotels Association (WA) has welcomed today’s groundbreaking announcement by the WA Government which will place tourism investment front and centre.
Hotel investors ride out economy at high end of town as Premium assets redefine market - Colliers
Transaction volumes for Premium hotels increased by 20.9% last year, as investors bet on continued high-performance and resilient pricing, according to Colliers Hotels Investment Review 2023 commented Colliers Head of Hotels Transaction Services Karen Wales.
Trilogy Hotels secures landmark deal with Schwartz Family Company
The first of its kind in Australia the deal will see the Trilogy team manage operations for more than 1000 rooms across four hotels in NSW and the ACT. Hotels included in the deal are Mercure Sydney, Ibis Sydney World Square, Mercure Canberra and Fairmont Resort Blue Mountains.
Domestic buyers dominate hotel transactional activity in 2023 - Cross-border capital ready to make their moves in 2024 says Savills
Notwithstanding domestic buyers dominating hotel transactions in 2023, Australia remains a preferred destination for international hotel investors particularly from Asia and the Savills Asia Pacific team continues to experience strong levels of interest from investors across the region.” said...
TFE Hotels announce the signing of the WMK-designed, Adina Apartment Hotel Chermside Brisbane, set to open in 2025
The signing of Adina Chermside Brisbane is a significant milestone for TFE Hotels, providing an opportunity for us to expand our Adina footprint from two hotels to three in the powerhouse state of Queensland,” says TFE Hotels’ Group Chief Operating Officer, Chris Sedgwick.
Opening of Hilton Residences Port Moresby alongside the currently operating Hilton Hotel Port Moresby Hotel which includes the Kutubu Convention Centre
Opening of Hilton Port Moresby Residences marking the first branded residences in Papua New Guinea
Under a management agreement with Star Mountain Plaza Ltd (SMPL) Hilton will manage the newly built Residences alongside the currently operating Hilton Port Moresby Hotel which includes the Kutubu Convention Centre and is nearby the national museum and art gallery.
Australian hotel investment surges in 2023, on the back of improved liquidity and a strong trading recovery says JLL
Driven by improved investor sentiment, a continued trading recovery, and several landmark transactions, the hotel investment landscape in Australia experienced strong growth in 2023. Hotel investment volumes (≥ A$5m) reached A$2.43 billion, showcasing a year-on-year increase of 26% and...