JLL shares crisis management tips for tourism operators
With hotel operators among the hardest hit in the unfolding COVID-19 crisis, JLL Hotels and Hospitality Vice President for Investment and Sales, Andrew Langsford, has offered his view on what the industry needs to focus on in these trying times.
Foreign investments to come under greater scrutiny
The federal government has announced temporary changes to the foreign investment review framework as part of a series of measures designed to protect Australia's economy from the impact of COVID-19.
Hotels to play a 'key role' in quarantining arrivals - TAA
Tourism Accommodation Australia (TAA) CEO Michael Johnson has said Australian hotels stand ready to facilitate the quarantining of arrivals into Australia’s international airports as mandated by Prime Minister Scott Morrison this afternoon.
Activation of Canberra CBD to drive visitation going forward - CBRE report
Canberra's development of a light rail and new mixed-use precincts is expected to drive visitation to the nation's capital going forward following a disrupted 2019 for city's hotel market, CBRE says.
IHG announce cost cutting measures to free up $150 million
InterContinental Hotels Group has the announced there will be a "substantial" reduction in salaries for Board and Executive Committee members as part of a series of new measures designed to soften the financial blow of the coronavirus crisis.