Mantra converts Canberra office tower to hotel for $19 million
A former office tower is transformed into a 176-room Mantra hotel, as part of the city's vibrant urban renewal program, to meet Canberra's growing demand for hotel capacity.
Adelaide Convention Centre $397 million redevelopment complete
South Australian Premier, the Hon. Jay Weatherill MP has officially opened Australia’s first purpose-built convention centre, the Adelaide Convention Centre along the Adelaide Riverbank Precinct at a launch party celebrated this week.
Hotel development in New Zealand shows unprecedented growth
Auckland, alone, has nine current hotel projects under construction and 30 more in the pipeline as investors look to take advantage of the ongoing tourism boom that started in 2013.
Bespoke hospitality opportunities in new Wellington waterfront development on the table
Bayleys Wellington Senior Broker Jim Wana is offering two ground-floor hospitality tenancies within the Kumutoto Precinct development, Wellington, NZ for sale.
The Star Gold Coast's six star tower tops out in preparation for the 2018 Commonwealth Games
The centrepiece of The Star Gold Coast’s $850 million transformation has reached its highest point, with the focus to now turn to the fit-out of the luxury development.
Miss Maud Hotel set to capitalise on booming Perth tourism market
Iconic Perth CBD hotel, Miss Maud, is on the market via Barney Dear and Chas Moore of Savills as Perth international visitor numbers pass the 900,000 mark for the first time and more than $10 billion is injected into infrastructure projects.
Savills reports Australia recorded the second highest transaction volumes across Asia Pacific totalling AU$462.2 million
Australia is perceived to be a low-risk investment market, boosting demand for hotels according to the Research Report produced by Michael Simpson, Raymond Clement and Simon Smith of Savills.