Unravelling the tax benefits of depreciation in hotel gyms - BMT
BMT Tax Depreciation delves into the depreciation deductions found with hotel gyms and examines a case study where hoteliers apply the Instant Asset Write-Off following upgrades.
Ascott Australia recognised as one of the Best Places to Work
The Ascott Limited, Australia was named the 12th Best Place to Work in the over 100 employees category at the 2023 Best Places to Work Conference and Awards event held at the Intercontinental Hotel, Sydney on August 8.
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.
China has reinstated Australia with Approved Destination Status
Accommodation Australia (AA) has heralded the announcement that China has reinstated Australia with Approved Destination Status, proclaiming it as one of the most critical components of the tourism industry’s recovery following the pandemic.
New $150m boutique hotel announced for Melbourne’s Southbank
Melbourne’s inner city, already set to benefit from the $1.7 billion Melbourne Arts Precinct Transformation Project in 2028, will receive another boost to tourism with the announcement that diversified property developer Time & Place, along with joint venture partners MaxCap Group, and...
Virgin Australia has appointed travel and tourism specialists, PEPR Agency, to lead its Australian media famil program, joining ENTHRAL and The Precinct Studios, on the airline’s PR and content roster.
Industry Road Map guides caravan parks out of insurance hard cycle
Caravan Industry Association of Australia has today released their industry road map, a five-point strategy to help guide caravan parks through a hard market cycle in the insurance industry.
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 spas hold deluxe depreciation deductions - BMT
BMT Tax Depreciation discuss how hotel spa upgrades improve depreciation deductions and how government incentives can optimise cash flow for hotel operators.