The Hotel Conversation |

Contact

New $65m Sudima Auckland Hotel opening next to New Zealand International Convention Centre

Sudima Hotels has announced a new four and a half star hotel in the heart of Auckland’s hospitality and events precinct expected to open late next year, opposite the highly anticipated New Zealand International Convention Centre.

Markets

Darwin waterfront Westin Hotel design approved for Landbridge

Landbridge Group has been granted development approval for the $200 million Darwin Port Westin Hotel after purchasing the waterfront site in 2015 on a 99-year lease, with opening slated for 2021.

Deals

Australian Hotel and Brewery sold to Redcape John Musca JLL Hotels

The largest transaction of a going concern pub hotel in Australia in over a decade has been announced for around $50 million - The Australian Hotel & Brewery in Sydney's northwest has sold to Redcape Hotel Group in a deal brokered by John Musca of JLL's Hotels and Hospitality Group.

News Roundup

https://www.retalkasia.com/properties/2018/06/22/macaus-morpheus-hotel-opens-city-dreams/1529620831

Macau's Morpheus hotel opens in the City of Dreams

Designed by Zaha Hadid Architects, the City of Dreams,' latest hotel, Morpheus, has opened in Macau - a beacon of "journey and imagination."

RETalk Asia

https://www.retalkmena.com/news/2018/06/21/marriott-operate-yas-island-hotel-overlooking-abu-dhabis-formula-1-grand-prix

Marriott to operate Yas Island hotel overlooking Abu Dhabi's Formula 1 Grand Prix

With Warner Bros. World Abu Dhabi opening on the island next month, developer company Aldar has appointed Marriott International to join its portfolio of hotels on Yas Island.

RETalk MENA

https://gapurabali.com/news/2018/06/20/balis-hotel-industry-looks-set-gain-strength-2018/1529464513

Bali's hotel industry looks set to gain strength in 2018

Bali's tourism industry certainly felt the impact of the eruption of Gunung Agung in November last year but it has recovered well according to a recent report from Colliers International Indonesia.

Gapura Bali

https://www.retalkasia.com/properties/2018/06/21/new-zealands-largest-and-most-expensive-penthouse-pacifica/1529539007

New Zealand's "largest and most expensive" penthouse - The Pacifica

With construction set to be completed in 2020, The Pacifica is slated to be "New Zealand's tallest building" - Gavin Lloyd, CBRE New Zealand.

RETalk Asia

https://www.bloombergquint.com/global-economics/2018/05/27/new-zealand-goes-cool-on-migrants-just-when-it-needs-them-most

New Zealand Goes Cool on Migrants Just When It Needs Them Most

On the waterfront of New Zealand’s largest city, a Chinese developer is building a five-star luxury hotel aimed at wealthy tourists. One hitch: there’s not enough local workers to finish it.

Bloomberg

https://www.smh.com.au/business/companies/packer-s-plans-uncertain-on-australia-s-tallest-building-20180525-p4zhhz.html

Packer's plans uncertain on Australia's tallest building

Casino giant Crown’s commitment to building the country’s tallest skyscraper is in doubt ahead of a fast-closing deadline.

Sydney Morning Herald