AccorInvest Australian Hotel Portfolio for sale JLL Hotels
One of Australia’s largest hotel portfolios is for sale by AccorInvest, made up of 23 real estate assets and lease interests located across Sydney, Melbourne, Canberra, Brisbane and Perth, together with several major regional cities.
Hilton Surfers Paradise Hotel for sale Gold Coast McVay Real Estate
The Hilton Surfers Paradise, comprising the Hilton Hotel and the associated management rights for the Hilton Residences across two iconic towers, is being marketed for sale by Sam McVay and Dan McVay of McVay Real Estate.
Ovolo Hotels supports emerging artists with The Other Art Fair partnership
Award-winning design-led hotel collection Ovolo Hotels celebrates its continued investment in supporting emerging artists, partnering with established leading art event, The Other Art Fair, for a second year.
See the depreciation deductions available in a hotel room
Depreciation is one of the most commonly overlooked tax deductions by property investors and research suggests that around 80 per cent of hotel owners fail to maximise the deductions available to them and are therefore missing out on thousands of dollars.
New Zealand’s first Hotel Indigo opening in Auckland
The Auckland CBD will welcome New Zealand’s first 225-room Hotel Indigo in 2021, with IHG officially confirming an agreement with property development company Ninety Four Feet for a new $250m, 41-storey, mixed-use development at 51 Albert Street.
Dunedin Waterfront Project receives Government funding support
The Dunedin Waterfront Project has taken a step forward by receiving Government support with the Provincial Growth Fund (PGF) investing $820,000 in order to complete a full feasibility assessment and develop a business case.
Marriott hotels to remove plastic straws worldwide by July 2019
Marriott International has announced that it has adopted a plan to remove disposable plastic straws and plastic stirrers from its more than 6,500 properties across 30 brands around the world - which would eliminate the use of more than 1 billion plastic straws per year and about a quarter...
New $65m Sudima Auckland Hotel opening next to New Zealand International Convention Centre
Sudima Hotels has announced a new four and a half star hotel in the heart of Auckland’s hospitality and events precinct expected to open late next year, opposite the highly anticipated New Zealand International Convention Centre.
Darwin waterfront Westin Hotel design approved for Landbridge
Landbridge Group has been granted development approval for the $200 million Darwin Port Westin Hotel after purchasing the waterfront site in 2015 on a 99-year lease, with opening slated for 2021.
Quest Epping Apartment Hotel opens in North Melbourne
The 96-room Quest Epping Apartment Hotel in North Melbourne has opened, being the 44th Quest property in Victoria and the second Quest property to open in Melbourne within the last month, following the June opening of Quest Maribyrnong.