L-R Troy Craig and Michael Simpson. New CBRE Hotels data highlights that activity propelled by a wave of hotels being sold for residential and build-to-rent conversions.
Australian hotels sales hit a five-year high after surging close to $2 billion CBRE Report
New CBRE Hotels data highlights that activity propelled by a wave of hotels being sold for residential and build-to-rent conversions. Managing Director Capital Markets Michael Simpson said “Developers are capitalising on the continued strength of the residential market and the interest in build-...
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.
Activation of Canberra CBD to drive visitation going forward - CBRE report
Canberra's development of a light rail and new mixed-use precincts is expected to drive visitation to the nation's capital going forward following a disrupted 2019 for city's hotel market, CBRE says.
Sydney hotel performance experiences softening despite tourist increase - CBRE
An increase in tourist volume has not been enough to stop Sydney's hotels from recording a drop in revenue per available room and average daily rate in 2019, according to a CBRE report.
