Auckland International Airport continues to see tourism growth
In the year to 30 June 2018, Auckland Airport reported the total number of passengers increased by 5.7% to 20.5 million with international passengers reaching 11.2 million (up 4.1% on FY17) and domestic passengers lifting 7.7% to 9.3 million.
Colliers International release their Australia New Zealand Capital Market Investment Review Hotels research report
Gus Moors and Karen Wales of Colliers International have found that Australian hotel transaction activity slowed in FYE2018 with volumes easing to $1.338 billion - however deal flow increased with 35 transactions (above $10 million) concluding throughout the year; This compares to 30...
See the deductions available in a hotel lobby - BMT Tax Depreciation
Hoteliers are entitled to claim deductions in the form of depreciation for many of the assets installed during the fit-out of a property, including those commonly found in hotel lobbies.
$400 million Dorsett Hotel and Star Residences Gold Coast construction starts
Construction has begun today on the $400 million Dorsett Hotel and Star Residences on the Gold Coast, which will feature 316 hotel rooms and 423 apartments with direct access to The Star Casino.
Event Hospitality's Atura Adelaide Airport Hotel to open next month
The highly anticipated 165-room, seven storey Atura Adelaide Airport Hotel will open next month on the first of September, which will service the eight million passengers flying into one of the nation’s fastest growing international airports.
Independent hotel operator Abode Group has announced a rebrand, now known as Iconic Hotels - With two more hotels in Canberra’s inner-south and north due for completion and opening by July next year.
New Zealand hotel development on the rise, Dean Humphries Colliers International
New Zealand is in its 6th consecutive year of a tourism boom which began in 2013 and with limited new hotel supply delivered over this period; it is not surprising that the hotel sector has finally entered a strong development phase.
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.
Yuhu's Jewel Gold Coast luxury hotel and apartment development tops out
Yuhu Group Australia’s much-anticipated Jewel development, the first absolute beachfront resort development on the Gold Coast in more than 30 years, has topped out with its central tower reaching 47 storeys and a maximum height of 170 metres - set to open mid next year.
Crystalbrook Collection recruitment campaign to attract over 500 jobs in Cairns
With Crystalbrook Collection's first resort property 'Riley' opening in Cairns November 2018, the pre-opening team are looking to fill over 150 roles in the next 100 days.