Improve your hotel’s cash flow with scrapping - BMT
BMT Tax Depreciation outline what scrapping is and demonstrate how a hotel in Perth improved its cash flow by more than one million dollars from scrapping their room fit-outs.
Long awaited relief for Australia’s hospitality sector as job shortages begin to ease - CBRE
A bounce-back in international visitor arrivals and a relaxation in visa rules are already providing some relief for the Australian hotel industry as job vacancies begin to ease.
Alfresco restart rebate claims open for business NSW
NSW Government’s broader $66 million Alfresco Restart package is helping to boost local hospitality and ensure customers can enjoy new outdoor dining experiences at some of their favourite venues,” Premier NSW Dominic Perrottet said.
L to R: Henry Chin, Global Head of Investor Thought Leadership & Head of Research Asia Pacific, and Steve Carroll, Head of Hotels & Hospitality, Capital Markets, Asia Pacific for CBRE.
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Asia Pacific Hotels & Hospitality Market Continues to Grow as Travel Demand Returns
Investment in Asia Pacific Hotels Rises to $10.1 Billion YTD—17% Increase Y-O-Y. Investors’ strong capital reserves are underpinning increased appetite for operational real estate, with well-located, high-quality hotel assets in key markets keenly sought after,” said Steve Carroll, Head of...
Marriott International poised to expand Asia Pacific luxury hotel portfolio
Marriott International poised to expand Asia Pacific luxury hotel portfolio with 14 expected additional properties by end of 2023. "Today’s luxury traveler is looking for authentic experiences that are personalized, thoughtful and uniquely meaningful," said Bart Buiring, Chief Sales and...
Bumper year of events to boost hotel recovery - TAA
General Managers from Tourism Accommodation Australia and the Accommodation Association’s leading NSW hotels met with Business Events Sydney yesterday to discuss the bumper pipeline of events for Sydney over the next 12 months.
Accor calls for investment in events to fast-track tourism revival, as Regional WA leads the way
Sarah Derry, CEO of Accor Pacific said, “The tourism industry will require government support for tourism generation and the establishment of new markets such as India, as it is unlikely that overseas markets like China are going to recover in the short-term.”
BMT Tax Depreciation outlines what temporary full expensing is, explains business and asset eligibility and shows just how lucrative it can be once applied using a newly upgraded Gold Coast resort as an example.