'The Langlands' New name for $40m Invercargill Licensing Trust hotel
With a budget of up to $40 million, The Langlands is set to significantly transform the Invercargill CBD, creating a modern space with contemporary elements and a ground-floor presence to generate wow factor.
The 80 TWENTY Hotel Conference this month will build on last year’s success, providing attendees with the opportunity to gain valuable insights from accommodation experts and industry leaders.
The Star Entertainment Group to reduce single-use plastics
The Star Entertainment Group today announced a commitment to reduce single-use plastics across its 60 bars and restaurants, 7 hotels and corporate offices in Sydney, Brisbane and the Gold Coast.
Adelaide to welcome QT Hotel brand in $180m development
Event Hospitality & Entertainment has announced it has entered into a management agreement for its newest QT hotel in Adelaide at 62 Currie St in the heart of the CBD, set to open in 2021.
Applications for $25m NZ Tourism Infrastructure Fund to open 1 March 2019
The third round of the Tourism Infrastructure Fund (TIF) will be open for applications from 1 March 2019, Tourism Minister Kelvin Davis has announced, providing up to $25 million annually to develop tourism-related infrastructure that supports regions facing pressure from tourism growth.
New Zealand Tourism industry becoming more sustainable
New Zealand’s $39 billion tourism industry became slightly more sustainable in 2018 compared to the previous year, according to a Performance Dashboard produced by Tourism Industry Aotearoa.
Tighter yields and limited stock lead pub buyers to broaden their horizons - CBRE Hotels
Pub yields are continuing to tighten across most Australian states as buyers seek out quality assets and value-add opportunities, according to CBRE’s latest Pub Trends report.
"Demand for NSW pub assets to grow" - Nick Butler, Manenti Quinlan and Associates
Nick Butler of Manenti Quinlan and Associates suggests that barriers to entry in the sector will remain high for new players, as long as vendors choose the frequently adopted “off-market” strategy, ultimately limiting sales prices.
Accor has announced a disruptive and dramatic shift of its loyalty program into a fully integrated global platform integrating rewards, services, and experiences across our entire ecosystem to bring value everyday life whether you work, live or play.
"Continued transactional appetite expected for the NSW pub market in 2019" - John Musca, JLL Hotels
John Musca, the National Director for JLL Hotels & Hospitality Group, expects buyer appetite to remain high with an increase in due diligence being undertaken by key publicans.