Operator sought for 6-star $600m Lindeman Island redevelopment
Chinese tycoon William Han has begun an International operator search for Lindeman Island's $600 million redevelopment into an integrated luxury 6-star and 5-star Beach and Eco-Resort set to be completed by 2022.
Perth's Sebel Aire Apartment Hotel opening next month
Singapore-based asset manager ZACD Group has finalised its acquisition of Finbar’s Aire Apartments for $12.5 million - The upcoming June 30 opening will see the serviced apartments operated by Accor Hotels be known as The Sebel West Perth Aire Apartments.
Jerry Schwartz's Four Points by Sheraton hotel in Sydney's Broadway opening August 2018
Following the opening of the Sofitel Sydney Darling Harbour in October last year, Australia's largest private hotel owner Dr Jerry Schwartz, is preparing for his latest opening this August when the Four Points by Sheraton opens at Central Park.
New luxury hotel possible with Sydney's Sirius Building for sale
The sale of the Sirius Building in The Rocks has opened the doors for hotel developers to create a new hotel icon in Sydney, with flexible zoning allowing for repositioning of the existing structure or a compete demolition and rebuild.
Wyndham Hotel Group has announced its second TRYP by Wyndham property in Australia – TRYP North Lakes – part of the $250 million, 1.7 hectare Laguna North Lakes development opening in 2021.
North Queensland investment to rise with the Cairns Global Tourism Hub
Investor confidence is growing in the government’s proposal for a Tropical North Global Tourism Hub with multiple national and international firms at the centre of the next phase of consultation, with the Cityport precinct near the expanding Convention Centre being the preferred development site...
The most recent research released by Savills Hotels reveals that Australia's average RevPAR has seen an increase of 3.9%, with Darwin (up 18.3%), Cairns (up 6.9%) and the Gold Coast (up 6.5%) the stand out performers.
Queenstown and Auckland record strong RevPAR growth
Savills Hotels has reported that New Zealand wide RevPAR has increased 9.7%, with Queenstown and Auckland continuing to perform strongly recording RevPAR growth of 18.6% and 8.0%, respectively.
New $150m QPAC redevelopment to deliver more performing arts in Brisbane
With QPAC now the busiest theatre complex in Australia, the Palaszczuk Government will deliver a new $150 million state of the art theatre for Brisbane on the Playhouse Green site.