Tourism Fiji celebrates another year of record visitor arrivals
Tourism Fiji is celebrating another year of record visitor arrivals to the destination for the financial year 2018 – 2019, with growth across all of its key inbound markets.
"Domestic demand in New Zealand offsets soft international numbers" - reports CBRE
International visitor nights across New Zealand decreased by 2.3% in the 12 months to June 2019, while domestic nights increased by 3.8% resulting in a 1.1% increase overall - the CBRE New Zealand Research Centre has reported.
Top 3 market movers in Australia remain the same, reports JLL Hotels
The Top 3 Market Movers in Australia remain the same for year-to-date through July 2019, with Hobart growing by an impressive 8.6% in RevPAR, Tom Gibson from JLL Hotels & Hospitality Group has reported.
Hines Property to build Adelaide's first micro-hotel
Leading developer Hines Property has received planning approval to build Adelaide's first micro-hotel, set to feature high quality yet small rooms designed for short-stay visitors and young tourists.
How to maximise your cash flow during the off-season
One of the best ways to maintain a healthy cash flow during this time is to have a tax depreciation schedule prepared for the property according to BMT Tax Depreciation
Investors and tourists return to islands on the Great Barrier Reef
Investors and tourists are returning to islands on the Great Barrier Reef after wild weather and economic woes threatened this iconic part of Australia, one of the seven wonders or the natural world - reports JLL Hotels.
Colliers releases Market Snapshot of major hotel markets in Australia
Colliers International has released its Market Snapshot of major hotel markets for the first half of 2019, with most markets experiencing a decline in room rates and occupancy.
"Australia’s strong tourism fundamentals encourage continued investment in the sector" - Tourism Australia
The tourism sector is set to double in size over the next decade, fuelled by Asia’s expanding middle classes and a strong domestic sector, according to Tourism Australia.
Freemantle to Bali yacht race expected to boost Australian marine tourism
Freemantle Sailing Club recently invited the Australasian Sailing Community to help commemorate the 100th Anniversary of Western Australia’s leading ocean-racing club, by taking part in the Freemantle to Bali yacht race in 2020