Sydney hotel occupancy declines amid increased supply
New data from STR has indicated a drop in Sydney hotel occupancy for the month of January, with revenues down almost seven per cent compared with the same time last year.
Regional pub market in overdrive, says HTL Property
Investors looking further afield in search of prime pub assets drive regional sales surge due to limited availability of stock in Metropolitan and Coastal centres.
AHA welcomes WA Parliament's strong response to short stay accommodation
The Australian Hotels Association (AHA) WA has welcomed the release of the WA Parliamentary report into short stay accommodation, which has proposed comprehensive regulations to level the playing field in the state’s licensed accommodation industry.
Renowned Haka Lodge sold on Auckland's Karangahape Road by tender campaign
After a short time on the market, the renowned Haka Lodge on Auckland’s Karangahape Road has sold by way of a tender campaign, brokered by JLL's Nick Thompson.
Accommodation Association supports third cruise terminal for Sydney
The Accommodation Association of Australia (AAoA), a peak industry body, has welcomed the NSW Government's announcement that the market engagement process has begun for a third cruise terminal in Sydney.