Finexia report says Gold Coast domestic tourism surging back to pre-pandemic levels reclaiming mantle as Australia’s favourite holiday hotspot
The report commissioned by specialist fund manager Finexia, highlights that hotel occupancy across the Gold Coast has lifted from 43.3% at the start of the pandemic in 2020 to 70.1% in 2022, while average daily room rates have moved from $195 to $271 over the same period.
Perth and Brisbane leading CBD hotel markets across Australasia
A new report from CBRE shows while the lifting of restrictions in early June saw an initial bounce in room demand across CBD hotel markets in Australasia, recent developments in certain areas have meant Perth and Brisbane are emerging as better performers, with Auckland’s demand recovery...
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.
Gold Coast shines as Australia's top hotel market for 2018 - CBRE Hotels report
According to CBRE’s Q4, 2018 Hotel MarketView report, the Gold Coast continues to ride a wave of growth following the 2018 Commonwealth Games, with the coastal city emerging as Australia’s best performing hotel market over the past 12 months.
Darwin and Gold Coast top hotel performers edging out Cairns, CBRE Hotels MarketView report
Gold Coast and Darwin shone as Australia’s best performing hotel markets over the last 12 months, edging Cairns from the top spot as reported by CBRE’s latest Hotels MarketView report for Q2 2018.
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...
Cairns pips Canberra for top spot as hotels market set for stronger year
Cairns has returned to its familiar position as Australia’s best performing hotel market for the fourth consecutive year, following a strong final quarter.
Australia's best and worst performing hotel markets
According to CBRE's latest hotels research, the last quarter of 2017 saw over $400 million worth of hotels transact in Australia, but this was not enough to stop 2017 recording the lowest national sales volumes since 2011.
CBRE reports major tourism projects bringing investment back to Brisbane
The new Brisbane International Cruise Terminal, Queens Wharf Development and several other major projects currently underway will boost the appeal of Brisbane as a destination for both domestic and international visitors.