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The Gold Coast City Council has approved a 280 hotel room, 503 residential apartment mixed-use development in Surfers Paradise by Sunnyland Property Group.
According to the report, hotels in Sydney and Melbourne are experiencing unprecedented trading performance, however there was a relative dearth of sales activity in 2017 with national transaction values down 35% compared to the 2016 calendar year.
As owners of a commercial property, hoteliers are entitled to a range of depreciation deductions, however, many hotel owners and operators remain unaware of this tax benefit and thus are missing out on thousands of dollars each year.
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New Zealand is likely to start feeling the effects of “tourism fatigue” as record-breaking visitor numbers put an increasing strain on...
A first time lease from the freehold owners of Murray Downs Resort motel is for sale, situated on the Murray Downs Golf Course.
Former US President Barack Obama’s visit to New Zealand in March will help raise the profile of New Zealand tourism, says Air New Zealand.
Sydney's 27-room North Shore Hotel has sold in an off-market deal for $10m with buyer interest driven by the prospect of capitalising on the...
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